XED Flashcards
1
Q
XED Formula
A
% Change QD of Good A / % Change P of Good B
2
Q
XED Value for Complements
A
Negative
3
Q
XED Value for Substitutes
A
Positive
4
Q
XED Value for unrelated goods
A
0
XED Formula
% Change QD of Good A / % Change P of Good B
XED Value for Complements
Negative
XED Value for Substitutes
Positive
XED Value for unrelated goods
0