
ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305659094
ECON MACRO 5th Edition by William McEachern
Edition 5ISBN: 978-1305659094 Exercise 3
SUBSTITUTES AND COMPLEMENTS For each of the following pair of goods, determine whether the goods are substitutes, complements, or unrelated:
a. Peanut butter and jelly
b. Private and public transportation
c. Coke and Pepsi
d. Alarm clocks and automobiles
e. Golf clubs and golf balls
a. Peanut butter and jelly
b. Private and public transportation
c. Coke and Pepsi
d. Alarm clocks and automobiles
e. Golf clubs and golf balls
Explanation
a. Complement goods:
Peanut butter and ...
ECON MACRO 5th Edition by William McEachern
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