For each of the following pairs of products, briefly explain which are complements, which are substitutes, and
Question:
For each of the following pairs of products, briefly explain which are complements, which are substitutes, and which are unrelated.
a. New cars and used cars
b. Houses and washing machines
c. UGG boots and Pepsi’s LIFEWTR
d. Pepsi’s LIFEWTR and Diet Coke
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 93% (15 reviews)
a Substitut...View the full answer
Answered By
Sumit kumar
Education details:
QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
CERTIFICATION
Summer Training in ‘WIRELESS EMBEDDED SYSTEM’ from ‘XIONEE’ for the six weeks.
EMBEDDED SYSTEM Certificate issued by CETPA INFOTECH for one day workshop.
Certificate of Faculty development program on OPTICAL COMMUNICATION and NETWORKS for one week.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
For each of the following pairs of investments, state which would always be preferred by a rational investor (assuming that these are the only investments available to theinvestor): a. Portfolio A r:...
-
For each of the following pairs of firms, explain which firm would be more likely to engage in advertising. a. A family-owned farm or a family-owned restaurant b. A manufacturer of forklifts or a...
-
For each of the following pairs of goods or services, identify the one for which the price elasticity of demand is greater and explain why: Coffee; Starbucks Coffee Tuition at a public university;...
-
FinCorp Inc. is exploring different portfolio allocations between two stocks. Complete the following table. Case1 Case 2 Case 3 Case 4 Case 5 $ invested in stock 1 $ invested in stock 2 Total $...
-
National Motors's Rock Creek plant is considering the following projects to improve the company's production process. Which projects should be done if the budget is $500,000? What is the opportunity...
-
Quantity A Quantity B AB + CD The circumference of the circle with center O Quantity A is greater. Quantity B is greater. The two quantities are equal. The relationship cannot be determined from the...
-
Lynn Goldsmith is a photographer known for her photographs of famous musicians. In 1981, Goldsmith had a photography session with the singer Prince. Three years later, Vanity Fair obtained a license...
-
George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four seasons was as follows: George has forecasted that annual demand for his...
-
You have been assigned to be the Data Architect at your company. Your company is trying to create a baseline governance process for multiple systems and you have been tasked with preparing a review...
-
A recent survey by the American Accounting Association revealed 52% of accountants have the Certified Public Accounting (CPA) certificate. Suppose we select a sample of 15 accountants. a. What is the...
-
What do economists mean when they use the Latin expression ceteris paribus?
-
The Toyota Prius is a gasoline/electric hybrid car that gets 54 miles to the gallon. An article in the Wall Street Journal noted that sales of the Prius had been hurt by low gasoline prices and that...
-
Think about data collected and used by Netflix. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box...
-
A is waiting for bus Q44 in Jamaica Station. The probability that the next bus is Q44 is 0.2. If the first three buses are not Q44, what is the probaibility that Q44 will come after the first 6 buses?
-
John's lucky numbers are 3, 7, 9, 13, and 21. Calculate the probability of spinning his lucky number on the equalsection spinner with numbers 1-20. Leave your answer as apercent to the nearest tenth...
-
Wakeboarding: In 1999, Parks Bonifay became the firstwakeboarder to land a documented 1080 spin in the air. In 2006,Danny Harf collected a $1080 reward when he became the second to doso. In 2008,...
-
While Violet Beauregarde is visiting Willy Wonkas ChocolateFactory, she snatches some experimental gum against Wonkaswarnings. Not yet perfected, the gum has the side effect ofexpanding violet into a...
-
The UCSB parking management knows that 89% of parking ticketsare paid on-time. The fine, when paid on-time is $25. Overhalloween weekend, UCSB parking management issued 312 parkingtickets. a Find the...
-
Using the income statement for Sentinel Travel Service shown in Practice Exercise 1-4B, prepare a statement of owner's equity for the year ended August 31, 2019. Barb Schroeder, the owner, invested...
-
Refer to the Conservation Ecology (Dec. 2003) study of the causes of forest fragmentation, presented in Exercise 2.166 (p. 97). Recall that the researchers used advanced high-resolution satellite...
-
An editorial in the Economist magazine discusses the fact that in most countries-including the United States-it is illegal for individuals to buy or sell body parts, such as kidneys. a. Draw a demand...
-
According to a New York Times article, the Venezuelan government "imposes strict price controls that are intended to make a range of foods and other goods more affordable for the poor. They are often...
-
Suppose the current equilibrium price of a quarter-pound hamburger is $5, and 10 million quarter-pound hamburgers are sold per month. After the federal government imposes a tax of $0.50 per...
-
In the Queries section of the Navigation Pane, right-click Stone Mountain Patients to select it and display the shortcut menu. 3. Click Copy on the shortcut menu. 4. Right-click the empty area near...
-
What is 'audit risk', and discuss/analyze the components of audit risk. b. List the four (4) things involved in the initial audit planning and which should be done early in the audit.
-
K Internal control is a plan of organization and a system of procedures, implemented by company. A. external auditors; management B. external auditors; board of directors OC. internal auditors;...
Study smarter with the SolutionInn App