Taken together,iPod and iTunes are ________.

Question

Quizplus · Accepted Answer

iPod and iTunes are complementary goods as they work together to provide a seamless music listening experience. iPod is the hardware used to play music and iTunes is the software used to manage and purchase music. They are not substitutes as an iPod cannot be replaced by iTunes and vice versa. They are not competitive goods as they are not produced by different companies to compete with each other. They are not monopolistic goods as they are not the only product or service available in the market. They are intangible goods to some extent, but the question asks for the best choice, which is complementary goods.

Taken Together,iPod and ITunes Are ________