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
Economics
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When the interest rate on a bond is ________ the equilibrium interest rate, in the bond market there is excess ________ and the interest rate will ________
A) above; demand; rise B) above; demand; fall C) below; supply; fall D) above; supply; rise
Economics
For an economy starting at potential output, a decrease in planned investment in the short run results in a(n):
A. increase in potential output. B. decrease in potential output. C. recessionary output gap. D. expansionary output gap.
Economics