Question

Cross demand is the change in the quantity demanded of a given commodity in response to the __________________.

• A. change in the utility of another commodity
• B. change in the price of another commodity
• C. change in the nature of another commodity
• D. change in the size of another commodity

Answer 1

Answer: (B)

change in the price of another commodity

Cross demand refers to the change in the demand of a related good, which takes place in response to the change in the price of another related commodity.