Which of the following pairs is most likely to represent complementary goods?
A. Hotels and campgrounds.
B. Butter and margarine.
C. Bacon and eggs.
D. Miniature golf and bowling.
Answer: C
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If two events are perfectly negatively correlated, then
A) diversification can reduce but not eliminate risk. B) diversification can eliminate risk. C) diversification has no impact on risk. D) diversification cuts risk in half.
All sellers may be tempted to raise the price of what they sell, but a negative unintended effect of raising the price could be __________ in units sold large enough to __________ the seller's total revenue earned
A) an increase; raise B) an increase; lower C) a decrease; raise D) a decrease; lower
An example of a country that has had success with clustering is:
A. Bangladesh. B. China. C. Liberia. D. Japan.
The amount of capital used per farm worker increased by how much from 1930 to 1980?
A. Double B. Fivefold C. Tenfold D. Fifteen-fold