<?xml version="1.0" encoding='utf-8'?>
<!DOCTYPE wml PUBLIC "-//WAPFORUM//DTD WML 1.1//EN" "http://www.wapforum.org/DTD/wml_1.1.xml">
<wml>
<card id="card1" title="Cross elasticity of demand - Page 3 - Wikipedia">
<p>
<a accesskey="1" href="page.php?w=Cross_elasticity_of_demand&amp;p=2">1.Previous</a><br />
<a accesskey="3" href="page.php?w=Cross_elasticity_of_demand&amp;p=4">3.Next</a>
</p>
<p>If products A and B are complements, an increase in the price of B leads to a decrease in the quantity demanded for A, as A is used in conjunction with B. Equivalently, if the price of product B decreases, the demand curve for product A shifts to the right reflecting an increase in A's demand, resulting in a negative value for the cross elasticity of demand. If A and B are substitutes, an increase in the price of B will increase the market demand for A, as customers would easily replace B with A, like McDonald's and Domino's Pizza.</p>

<p><big> History </big></p><p>
<a accesskey="1" href="page.php?w=Cross_elasticity_of_demand&amp;p=2">1.Previous</a><br />
<a accesskey="3" href="page.php?w=Cross_elasticity_of_demand&amp;p=4">3.Next</a>
</p>

<do type="prev" label="Search">
        <go href="search.wml"/>
</do>

</card>
</wml>
