Explain cross elasticity of demand for unrelated goods

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asked Jan 11, 2022 56.6k views

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Wojtek · Answer 1 · 2022-01-16T19:25:33+0000

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The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases. ... Items with a coefficient of 0 are unrelated items and are goods independent of each other.

Explain cross elasticity of demand for unrelated goods

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Explain cross elasticity of demand for unrelated goods​

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Explain cross elasticity of demand for unrelated goods