Multiple Choice
After the price of music downloads falls, Phil buys fewer CDs and buys a new MP3 player. For Phil,
A) music downloads and CDs are complements, and MP3 players and CDs are substitutes
B) music downloads, MP3 players, and CDs are all complements.
C) music downloads and CDs are substitutes, and music downloads and MP3 players are complements.
D) music downloads, MP3 players, and CDs are all substitutes.
Correct Answer:
Verified
Correct Answer:
Verified
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