Explain types of goods costume jewelry and real gem jewelry


The demand for costume jewelry has been estimated to be Q = 100P-2E2, where E is the price of real gem jewelry. Costume jewelry and real gem jewelry are:

a) substitute goods
b) complement goods
c) inferior goods
d) normal goods
e) unrelated goods

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Microeconomics: Explain types of goods costume jewelry and real gem jewelry
Reference No:- TGS038114

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