If two goods X and Y have a positive cross elasticity, these goods are:

CA Foundation · Business Economics · RTP · September 2026
If two goods X and Y have a positive cross elasticity, these goods are:
(A) (A) Unrelated
(B) (B) Substitutes
(C) (C) Complements
(D) (D) Inferior goods

Suggested Answer and Working Notes:

Correct Answer: Option (B)

Correct Option: (B)

Topics: Theory of Demand and Supply

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