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Author Question: Which of the following pairs of goods would be considered complementary? a. Coca-Cola and Pepsi. ... (Read 110 times)

cool

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on: Jun 30, 2018
Which of the following pairs of goods would be considered complementary?
 a. Coca-Cola and Pepsi.
  b. Computers and computer software.
  c. Radios and televisions.
  d. Mass transit and private automobiles.
  e. Compact discs and cassette tapes.

Question 2

If two goods are complementary, a(n):
 a. decrease in the price of one product will cause a decrease in the demand for the other product.
  b. decrease in the price of one product will cause an increase in the demand for the other product.
  c. increase in the price of one product will cause an increase in the supply of the other product.
  d. increase in the price of one product will cause a decrease in the supply of the other product.
  e. increase in the price of one product will cause an increase in the demand for the other product.


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Mholman93

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


cool

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

matt95

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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