Economy, asked by crystalchoi3, 1 month ago

If commodity X and Y are complementary goods, what will be the cross elasticity of demand? ​

Answers

Answered by prachisrivastava957
3

Answer:

If commodity X and Y are complementary goods, cross elasticity of demand would be negative. It means that an increase in the price of X would lead to a fall in the demand for Y and vice versa.

Explanation:

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