When Two Goods Are Blank The Cross Price Elasticity Of Demand Is Negative?
When Two Goods Are Blank The Cross Price Elasticity Of Demand Is Negative? If the sign of X E D XED XED is… and the elasticity is the goods are negativeinelastic somewhat complementary goods 0 0 unrelated goods (neither complements nor substitutes) positive inelastic somewhat substitutable positive elastic very substitutable When two goods are the