Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 6 - Elasticity - Problems - Page 151: 1

Answer

Product A and B are complementary as their cross elasticity is negative. Product C and D are substitutes because their cross elasticity is positive.

Work Step by Step

Product A and B are complementary as their cross elasticity is negative. Product C and D are substitutes because their cross elasticity is positive.
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