Suppose the CPE between beef and pork is 0.30 and the PED for beef is-0.93 and thePED for pork is-1.40. Select all statements below that are true.Select one or more:? a. Beef and pork are inferior goods because their sign is negative.? b. The demand for pork is more elastic than the demand for beef.? c. Beef and pork are substitutes.? d. Beef and pork are complements.? e. Consumers are more sensitive to price changes of beef than pork.

Suppose the CPE between beef and pork is 0.30 and the PED for beef is-0.93 and the PED for pork is-1.40. Select all statements below that are true. Select one or more: O a. Beef and pork are inferior goods because their sign is negative. O b. The demand for pork is more elastic than the demand for beef. O c. Beef and pork are substitutes. O d. Beef and pork are complements. O e. Consumers are more sensitive to price changes of beef than pork