Which of the Following Pairs of Goods Are Likely to Be

question 159

Multiple Choice

Which of the following pairs of goods are likely to be complements for a large group of consumers?

• A)televisions and radios
• B)cars and trucks
• C)tea and coffee
• D)e-readers and e-books
• E)tents and tent-trailers

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Definitions:

Net Income Target

A net income target is a predefined earnings figure that a company aims to achieve within a specific time frame.

Required Sales

The amount of sales a company needs to achieve in order to cover its costs and generate a desired level of profit.

Variable Costs

Expenses that change in proportion to the activity of a business, such as materials and labor costs.

Fixed Costs

Expenses that do not change with the level of goods or services produced over the short term, such as rent, salaries, and insurances.