Home » Classroom » JAMB Economics 2007 Question

The major determinant of cross elasticity of de... - JAMB Economics 2007 Question

The major determinant of cross elasticity of demand is the

A
price of the good
B
degree of necessity of the good
C
level of income of consumers
D
closeness of the substitutes
Ask EduPadi AI for a Detailed Answer
Correct Option: D
Please share this, thanks:

#JAMB #JAMB

Add your answer

Notice: Please post responsibly.

No responses