One example of complementary goods is ________
A) cheese and crackers
B) cable television and Internet service
C) dog food and a dog bowl
D) a cell phone and wireless phone service
E) magazines and newspapers
D
Explanation: D) Complementary goods go with each other and are consumed together, and if new technology renders one obsolete, the demand for the other goes down. Although cable TV and Internet may be consumed at the same time and are often bundled together by service providers, neither is necessary to the operation of the other. The other choices are inaccurate because, though they describe items that go with each other and are consumed together, the obsolescence of one does not lead to less demand of the other.
You might also like to view...
A member of ________ has recently gained personal wealth and may experience status anxiety. Such individuals may try to display symbols of their success to make up for an internal lack of assurance about the "correct" way to behave
A) an old money family B) the taste culture C) the nouveau riche D) the mass class
Datasets that are too large and complex for businesses' existing systems utilizing traditional capabilities are referred to as big data.
Answer the following statement true (T) or false (F)
The media, groups and individuals that influence others in the MPR process are known as connectors
Indicate whether the statement is true or false
Gary Tucker is a senior salesperson at a retail showroom of Ford Motor Company. He sells more than 50 cars every month and often uses the minor-points close to get the order from clients. Which of the following statements is most likely an example of Gary's minor-points close?
A. "Would you prefer tan or black leather seats in this model?" B. "Would you prefer a single or double-cab truck?" C. "Are you looking for an economy car or an SUV?" D. "Are you searching for a new car or a pre-owned car?" E. "Would you like to purchase or lease the car?"