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.
b
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The Federal Reserve System consists of ________
A) eleven district banks and a board of governors B) ten district banks and the FOMC C) eleven district banks D) twelve district banks and a board of governors E) none of the above
Refer to Scenario 7.7 below to answer the question(s) that follow. SCENARIO 7.7: A lawn service company has the following production possibilities. With one, two, three, and four workers, the company can mow 4, 9, 12, and 14 lawns per day, respectively. Refer to Scenario 7.7. Diminishing returns to labor set in with the ________ worker.
A. first B. second C. third D. fourth