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Is the following true or false?
If the cross-price elasticity of demand between two goods is positive, the goods are likely to be complements.



This question is part of Microeconomics [Ch.
Asked by Emy_, Last updated: Sep 16, 2018

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2 Answers

John Adney

John Adney

Answered on Oct 03, 2017

When XED between two goods is positive the goods are substitutes not compliments.

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John Smith

John Smith

Answered on Dec 22, 2016

False
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