Utme 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Utme Economics examination. This question covers Economics .

Utme 2018 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 30 UTME • 2018 • ECONOMICS • objective

The effects on the demand for product A caused by a change in the price of product B is called

Answer Options

A. Joint demand
Correct Answer B. cross elasticity of demand
C. elasticity of supply
D. competitive demand
Correct Answer
B
Correct Option:
cross elasticity of demand

About This Question

This is Utme 2018 Economics Question 30. It is one of the objective questions from the 2018 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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