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This Question: 5 pts 28 of 34 (0 complete) The cross elasticity of demand for good A with respect to good B is 0.2. A 10 percent change in the price of good B will lead to aP Goods A and B are percent change in the quantity of good A demanded O A. -2; complements O B. 2; substitutes OC. -0.5; substitutes O D. 0.5; complements This Question: 6 pts 29 of 34 (0 complete) Which of the following is not a key idea in the economic way of thinking? OA. Poor people are discriminated against and should be treated more fairly. O B. People make rational choices by comparing costs and benefits C. A rational choice is made at the margin. D. Choices respond to incentives. O This Question: 5 pts 30 of 34 (0 complete) Which of the following describes the reason why scarcity exists? O A. OB. ° C. Governments make bad economic decisions. There is too much unemployment. Wants exceed the resources available to satisfy them. D. The gap between the rich and the poor is too wide.

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