Question

The cross-price elasticity of demand of products ʺMʺ and ʺNʺ is zero. This implies that ʺMʺ and ʺNʺ are

A) substitute products.

B) complementary products.

C) independent products.

D) unique goods, as the price elasticity of demand for one of them is zero.

Answer

This answer is hidden. It contains 1 characters.