Examlex
Which of the following inputs in the Black-Scholes option pricing model is not observed?
Inferior Good
A type of good whose demand decreases as the consumer's income increases, opposite to normal goods.
Complementary Good
A product or service that enhances the use or value of another product or service when used together.
Substitute
A good whose demand increases when the price of another good increases. For example, two brands of cola soft drinks are substitutes.
Complement
A good or service that is used together with another good or service, increasing its demand.
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