問題詳情

5. Suppose that when the price of good X falls from $10 to $8, the quantity demanded of good Y risesfrom 20 units to 25 units. Using the midpoint method, the cross-price elasticity of demand is
(A) -1.0, and X and Y are complements.
(B) -1.0, and X and Y are substitutes.
(C) 1.0, and X and Y are complements.
(D) 1.0, and X and Y are substitutes.

參考答案

答案:[無官方正解]
難度:計算中-1
書單:沒有書單,新增