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If two goods have a cross -price elasticity of demand of +2.3 . This means that these goods are: ykaxuTe ORNH BapuaHT OTBeTa substitutes inferior normal complements

Вопрос

If two goods have a cross -price elasticity of demand
of +2.3 . This means that these goods are:
ykaxuTe ORNH BapuaHT OTBeTa
substitutes
inferior
normal
complements

If two goods have a cross -price elasticity of demand of +2.3 . This means that these goods are: ykaxuTe ORNH BapuaHT OTBeTa substitutes inferior normal complements

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If two goods have a cross-price elasticity of demand of +2.3, this means that these goods are substitutes. Cross-price elasticity of demand measures the responsiveness of the quantity demanded of one good to a change in the price of another good. A positive value indicates that the goods are substitutes, meaning that an increase in the price of one good will lead to an increase in the quantity demanded of the other good.
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