If the cross elasticity is only- slightly below zero which of the following is correct?

CA Foundation · Business Economics · MTP · September 2025
If the cross elasticity is only- slightly below zero which of the following is correct?
(A) A. They are weak complements
(B) B. Negative and very high they are strong complements
(C) C. Both (a) and (b)
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. They are weak complements

Topics: Theory of Demand and Supply

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