Utme 2019 Economics Question 29

Practice objective / multiple choice question 29 from the 2019 Utme Economics examination. This question covers Economics .

Utme 2019 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 29 UTME • 2019 • ECONOMICS • objective

For two substitute goods, the cross elasticity of demand is

Answer Options

A. infinity
Correct Answer B. positive
C. zero
D. negative
Correct Answer
B
Correct Option:
positive

About This Question

This is Utme 2019 Economics Question 29. It is one of the objective questions from the 2019 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Utme 2019 Economics Questions More Utme Practice Questions Back to Questions

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