What happens to your consumption of the second good


Problem

1. Name two related goods you consume which would have a positive cross-price elasticity. What happens to your consumption of the second good if the price of the first good increases?

2. Name two related goods you consume which would have a negative cross-price elasticity. What happens to your consumption of the second good if the price of the first good increases?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What happens to your consumption of the second good
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