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Mobile phones and SIM cards are examples of ______. - Economic Applications

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Question

Mobile phones and SIM cards are examples of ______.

Options

  • Substitute goods

  • Complementary goods

  • Unrelated goods

  • Competitive goods

MCQ
Fill in the Blanks

Solution

Mobile phones and SIM cards are examples of Complementary goods.

Explanation:

Mobile phones and SIM cards are examples of complementary goods because they are used together. A mobile phone requires a SIM card to make calls and access mobile networks.

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Determinants of Demand Or Demand Function
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Chapter 1: Elementary Theory of Demand - QUESTIONS [Page 19]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTIONS | Q 43. | Page 19
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