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Asked by Ruben Martinez on Jul 07, 2024

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Which of the following is the best example of a pair of complements?

A) Milk and coffee
B) Coffee and tea
C) CDs and DVDs
D) Hiking boots and athletic shoes
E) Paperback books and hard cover books

Complements

Goods, such as Pepsi and pizza, that relate in such a way that an increase in the price of one shifts the demand for the other leftward.

Milk

A nutritious liquid produced by mammals, primarily used as a food product for humans.

Coffee

A popular beverage made from roasted coffee beans, known for its stimulating effect due to caffeine content; it also has significant social and economic implications worldwide.

  • Ascertain the influence of complementary and substitute goods on product demand.
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DA
Danika AlbertJul 13, 2024
Final Answer :
A
Explanation :
Complements in economics refer to goods that are often used together, where the consumption of one good enhances the consumption of the other. Milk and coffee are a classic example of complementary goods because many people use milk in their coffee, enhancing the coffee-drinking experience.

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