Question: Can a good be both a complement and a substitute at the same time? If so, provide an example. If not, explain why. Within a

  1. Can a good be both a complement and a substitute at the same time? If so, provide an example. If not, explain why.
  2. Within a laissez faire system, the government should only perform those activities that the private sector of the economy is incapable of? What kinds of activities do you think the government ought to legitimately perform in a laissez faire system?

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