Which pairs of the following goods would you classify as complementary, substitute, or independent goods: beef, ketchup,

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Which pairs of the following goods would you classify as complementary, substitute, or independent goods: beef, ketchup, lamb, cigarettes, gum, pork, radio, television, air travel, bus travel, taxis, and paperbacks? Illustrate the resulting shift in the demand curve for one good when the price of another good goes up. How would a change in income affect the demand curve for air travel? The demand curve for bus travel?
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Economics

ISBN: ?978-0073511290

19th edition

Authors: Paul A. Samuelson, William Nordhaus

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