ECONOMICS
SUPPLY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which of the following pairs is NOT an example of complements?
|
|
football jersey and shoulder pads
|
|
|
iPod and iPad
|
|
|
bicycle and helmet
|
|
|
computer and charging cord
|
Explanation:
Detailed explanation-1: -Petrol and diesel as a pair of goods is an example of substitutes and other pairs are examples of complementary goods.
Detailed explanation-2: -Answer and Explanation: d. Dell desktop and HP laptop is not the example of the complementary goods.
Detailed explanation-3: -A substitute good is a good that serves the same purpose as another good for consumers. A complementary good is a good that adds value to another good when they are consumed together. Pepsi and Coke are a typical example of substitute goods, whereas fries and ketchup may be considered complements of each other.
Detailed explanation-4: -The answer is E) toothbrushes and toothpaste. Complementary goods are used jointly.
There is 1 question to complete.