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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