Which pairs of the following goods would you classify as complementary substitute or independent goods beef ketchup lamb cigarettes gum pork radio television air travel bus travel taxis
Which pairs of the following goods would you classify as complementary, substitute, or independent goods: beef, ketchup, lamb, cigarettes, gum, pork, radio, television, air travel, bus travel, taxis, and paperbacks? Illustrate the resulting shift in the demand curve for one good when the price of another good goes up. How would a change in income affect the demand curve for air travel? The demand curve for bus travel?