For each of the following pairs of products, briefly explain which are complements, which are substitutes, and

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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

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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