2.4 elasticity Flashcards
1
Q
XED
A
Cross elasticity of Demand
2
Q
What does XED measure
A
Measures the responsiveness of change in demand of good A to a change in price good B
3
Q
A substiutes XED is ?
A
Positive
4
Q
A
5
Q
A
5
Q
A
5
Q
A
6
Q
A
7
Q
A