Which Statement Best Illustrates Complementary Goods

question 79

Multiple Choice

Which statement best illustrates complementary goods?

• A) The price of tennis rackets declines so your economics instructor decides to take tennis lessons and purchases several cans of new tennis balls.
• B) The price of Apple Macintosh computers declines so your economics instructor sells his or her IBM personal computer and buys a Macintosh.
• C) After receiving a promotion and a hefty year-end bonus from the college, your economics instructor decides to stop buying denim jeans and switches to clothing befitting his or her loftier position on the faculty.
• D) Fearing that the price of pipe tobacco will rise next year, your economics professor goes to his local tobacconist and purchases an ample supply to last for several years.

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Definitions:

Insert Image

A functionality in software applications that allows users to place graphical images into documents, presentations, or databases.

Background Image

An image placed behind the primary content in a digital interface, used to enhance aesthetics or convey information.

Option Group

A control in forms and reports used to display and select amongst a set of mutually exclusive options.

Rating Field

A data field in a form or database used to capture evaluations or assessments usually based on a numerical scale.