Which of the following sets of goods are most likely to be complementary goods?
a. shoes and pizza
b. automobiles and computers
c. baseballs and baseball gloves
d. football tickets and baseball tickets
e. Dell and Gateway computers
C
Economics
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______________ are present if it is cheaper for one firm to produce products jointly than it is for separate firms to produce the same products independently
Fill in the blank(s) with the appropriate word(s).
Economics
Country X produces only one good. It produced 12,500 units of a good during a particular year. If the price of the good during that year was $100 and the price of the good during the previous year was $95, the nominal GDP of the country is ________
A) $875,000 B) $1,187,500 C) $2,450,000 D) $1,250,000
Economics