In a survey it was determined that the demand equation for VCRs is given by The demand equation for blank VCR tapes is given by
where
and
denote the unit prices, respectively, and
and
denote the number of VCRs and the number of blank VCR tapes demanded each week.Determine whether these two products are substitute, complementary, or neither.
A) neither
B) substitute
C) complementary
Correct Answer:
Verified
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