Economics 9708 · AS & A Level · Price elasticity of demand

Price elasticity of demand — practice question

What does cross-elasticity of demand measure?

  • Aa change in real income as a result of a change in the price of consumer goods
  • Ba change in the demand for a good in response to a change in the price of a complement
  • Ca change in the price of a good in response to a change in the demand for a substitute
  • Da change in the price of a good when the demand for it changes

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