Which of the following pairs of goods are complements?
a. frozen pizza; restaurant pizza
b. potato chips; potato chip dip
c. hockey sticks; tennis balls
d. automobiles; bicycles
b. potato chips; potato chip dip
Economics
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The additional cost a firm will incur by producing one additional unit of output is the:
A. variable cost. B. fixed cost. C. marginal cost. D. total cost.
Economics
Which of the following would cause GDP to overstate the growth in economic well-being over the past 50 years?
A. Increase in leisure time B. Increase in the employment of married women C. Decrease in the employment of maids and housekeepers D. All of the choices are true
Economics