A. complements
B. substitutes
C. luxurious
D. inferior
Correct Answer: Option B
B. substitutes
Explanation
A positive cross-price elasticity value indicates that the two goods are substitutes.
Two goods that complement each other have a negative cross elasticity of demand: as the price of goodY rises, the demand for good X falls.
Hypothesis Testing
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Sampling Error And Sampling Bias
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Sources Of Literature - Project Writing
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Research Proposal Vs Research Abstract - Educational Research
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