Economy, asked by priyankaraghuram, 8 hours ago

Two goods have a cross-price elasticity of demand of +1.2 (a) would you describe the goods as substitutes or complements? (b) If the price of one of the goods rises by 5 per cent, what will happen to the demand for the other good, holding other factors constant?

Answers

Answered by shubhkuhu17
3

Answer:

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Explanation:

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