Which row gives the correct description of the relationship between two goods suggested by the value of the cross elasticity of demand?
- A–2.0 weak complements
- B–0.5 weak substitutes
- C+0.5 weak substitutes
- D+2.0 strong complements
Economics 9708 · AS & A Level · Price elasticity of demand
Which row gives the correct description of the relationship between two goods suggested by the value of the cross elasticity of demand?