Which of the following pairs of goods are complements and which are substitutes? Are the goods that
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Which of the following pairs of goods are complements and which are substitutes? Are the goods that are substitutes likely to be perfect substitutes for some or all consumers?
a. A popular novel and a gossip magazine
b. A camera and film
c. A pair of sunglasses and a stick of butter
d. A Panasonic Blu-ray player and a Samsung Blu-ray player
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Managerial Economics and Strategy
ISBN: 978-0134167879
2nd edition
Authors: Jeffrey M. Perloff, James A. Brander
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