The cross-price elasticity of demand between two goods that are substitutes can never be:
A. negative.
B. less than one.
C. positive.
D. greater than one.
Answer: A
Economics
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A "capitalist" is someone who:
A. owns stock. B. opens a retirement account. C. holds a treasury bond. D. All of these statements are true.
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At which point might society be able to produce if new resources were discovered but cannot produce with current resources? (See Figure 1.1.)
A. A. B. B. C. C. D. D.
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