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Question 22 Not yet answered Marked out of 1.00 P Flag question If the cross elasticity of demand between goods A and B is negative, O a. the demands for A and B are both price inelastic O b. A and B are complements. O c. A and B are substitutes. od the demands for A and B are both price elastic. Question 23 Not yet answered Marked out of 100 Flag question A Market Supply Curve shows, a. Positive relationship between price and quantity supplied for many producers O b. Negative relationship between price and quantity demanded for one consumer O c. Negative relationship between price and quantity demanded for many consumers d. No relationship between price and quantity demanded Question 24 Not yet answered Marked out of 1.00 Flag question According to you which one of the following statement is CORRECT? O a. The production possibility demonstrates that the production of one commodity may increase only if the production of the other commodity decreases. O b. Economic system solves central problems of an economy O c. Scarcity of resources are found in all economies in the world. O d. All of these