State whether the following pairs of goods are complements or substitutes. (If you think a pair is

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State whether the following pairs of goods are complements or substitutes. (If you think a pair is ambiguous in this respect, explain why.) (LO1)

a. Tennis courts and squash courts.

b. Squash racquets and squash balls.

c. Ice cream and chocolate.

d. Cloth diapers and paper diapers.

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Principles Of Microeconomics

ISBN: 9780521775267

2nd Brief Edition

Authors: Robert Frank, Ben Bernanke

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