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Cross-elasticity of demand or cross-price elasticity between two complements will be:

A. Negative

B. Positive

C. Infinite

D. Zero

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. If Cobb-Douglas production function is homogeneous of degree greater than one (n>1), then it shows:
  2. Identify the factor, which generally keeps the price elasticity of demand for a commodity low:
  3. In case of monopoly, both AR and MR fall, but MR falls:
  4. An economic theory is :
  5. The total utility is gained by consuming:
  6. The vertical demand curve for a commodity shows that its demand is:
  7. Capital Saving Technological Progress can be defined as:
  8. Income-demand curve shows:
  9. Which of the following oligopoly models is concerned with the maximization of joint profits?
  10. In monopolistic competition (also in kinked demand curve model), a firm sells the amount where:
  11. The difference between average cost and average revenue is:
  12. The supply curve for the short-run competitive firm is the same as:
  13. Demand for a commodity is elastic when it has
  14. Utility means:
  15. The right of individuals to control productive resources is known as:
  16. The basic and essential economic problems in a community are related to choice and:
  17. Average cost curve contains in it:
  18. When a consumer is satisfied with his spending pattern, he is said to be in:
  19. The demand curve slopes downwards due to:
  20. On all points of budget (price) line:
  21. A market-clearing price:
  22. Income distribution effects:
  23. In market sharing cartel model, cartel determines the shares of:
  24. Any expansion in output by a firm in the short period will always reduce the:
  25. If the demand curve is inelastic then:
  26. In monopolistic competition, the individual demand curve is also known as:
  27. Average cost means:
  28. The price under perfect competition is settled by:
  29. In dominant price leadership model, the small firms are like:
  30. In a competitive market, price is determined primarily by: