Question

On some days Gus makes his own salad for lunch, preferring to use either iceberg or...

On some days Gus makes his own salad for lunch, preferring to use either iceberg or romaine lettuce, topped off with lots of fresh tomatoes. The cross-price elasticity of demand for iceberg lettuce with respect to romaine lettuce is _____, and the cross-price elasticity of demand for iceberg lettuce with respect to tomatoes is _____.

negative; positive

negative; zero

positive; negative

zero; positive

0 0
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Answer #1

The cross price elasticity of demand for iceberg lettuce with respect to romaine lettuce is positive and the cross price elasticity of demand for iceberg lettuce with respect to tomatoes is negative.

option(C)

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