If two products are substitutes, then the: A.price elasticity of demand for both will be positive. B.cross-price elasticity of demand between them will be negative. C.income elasticity of demand for both will be high. D.cross-price elasticity of demand between them will be positi … 阅读详情>> "If two products are substitutes, then the:"

If cross-price elasticity of demand between two goods is positive, the two goods are: A.normal. B.substitutes. C.inferior. D.complements. 正确答案：substitutes.

The cross-price elasticity of demand between two goods that are substitutes can never be: A.greater than one. B.less than one. C.positive. D.negative. 正确答案：negative.

If the cross-price elasticity of demand between lettuce and salad dressing is negative, then when the price of lettuce rises, the demand for salad dressing will __. A.become more inelastic B.increase C.decrease D.remain the same 正确答案：decrease

If the demand for salad dressing increases when the price of lettuce decreases, the cross-price elasticity of demand between salad dressing and lettuce will be _ because these two goods are _. A.negative; complements B.zero; inferior C.equal to 1; inelastic D.negative; substitute … 阅读详情>> "If the demand for salad dressing increases when the price of lettuce decreases, the cross-price elasticity of demand between salad dressing and lettuce will be _ because these two goods are _."

The cross-price elasticity of demand between bread and potatoes is estimated to be 0.5. This implies bread and potatoes are: A.complements. B.unrelated. C.normal goods. D.substitutes. 正确答案：substitutes.

If the cross-price elasticity of demand between blueberries and yogurt is negative, then the two goods are: A.complements. B.substitutes. C.inferior goods. D.normal goods. 正确答案：complements.

If the cross-price elasticity of demand between two goods is -1.2, then the two goods are: A.elastically demanded. B.complements. C.substitutes. D.inferior. 正确答案：complements.

Suppose that if the price of plane tickets increased, more people would choose to travel by train. If this happened, you would know that: A.plane tickets are an inferior good. B.the cross-price elasticity between plane tickets and train tickets is positive. C.plane tickets and tr … 阅读详情>> "Suppose that if the price of plane tickets increased, more people would choose to travel by train. If this happened, you would know that:"

If most consumer goods and services are _, then most income elasticities are _. A.normal; greater than one B.normal; positive C.inferior; positive D.normal; negative 正确答案：normal; positive

During recessions, when some workers lose their jobs and have lower incomes, sales of durable goods (goods with a life expectancy of 3 years or more) decline. Apparently, durable goods are: A.complements. B.inferior goods. C.substitutes. D.normal goods. 正确答案：normal goods.

In surveying their alumni, State U’s economics department discovered that ramen noodle consumption declined once students graduated and found jobs. One conclusion the survey team might draw from this result is that: A.there is excess demand for ramen noodles. B.college graduates … 阅读详情>> "In surveying their alumni, State U’s economics department discovered that ramen noodle consumption declined once students graduated and found jobs. One conclusion the survey team might draw from this result is that:"