Question
Two goods will be classified as ______ if the
cross-price elasticity between them is negative.Solution
The cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes . Complementary goods  are products which are used together like toothbrush and toothpaste. The cross elasticity of demand for complementary goods is negative i.e. as the price of one good goes up, the demand for both goods fall.
Select the option that is related to the third term in the same way as the second term is related to the first term and the sixth term is related to the...
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...Who among the following lives on Floor 2?
Statements:
No mothers are father.
Some father is son.
Only a few son is daughter.
Only a few daughters is child.
...
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A statement is given, followed by two assumptions I and II. You have to consider the statement and two assumptions and decide which of the assumption(s)...
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If 49 × 45 = 45, 45 × 69 = 35 and 67 × 78 = 57, then 39 × 43 = ?
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