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AP Microeconomics: Elasticity
About this Free Flashcard Deck
Last update by
swtxhunnie
on 05/07/2009
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AP Microeconomics: Elasticity
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15201
to review the concept of elasticity in preparation for the AP Microeconomics exam
Teams
This Deck Belongs To
DemiDec
,
Microeconomics
,
AP Microeconomics
Flashcard Deck Tags
AP Microeconomics
,
demand curve
,
elasticity
,
goods
,
AP Microeconomics: Elasticity
Flashcard Review
14
If two goods are substitutes, is the ...
15
Goods A and B are substitutes. The ...
16
Goods F and G are complements. What ...
17
Is the cross price elasticity for ...
18
What is the income elasticity of demand?
19
What is the ratio used for finding ...
20
If a good is a normal good, what will ...
21
What is a substitute good?
22
True or False: similar products made by ...
23
True or false: hamburgers and hamburger ...
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Deck Author
Taylor Cleland
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Free Flashcard From AP Microeconomics: Elasticity
Question:
If two goods are substitutes, is the price elasticity positive or negative?
Answer:
positive