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Consider the market for film streaming services, tv screens, and tickets at movie theaters. for each pair, identify whether they are complements or substitutes: pairs of goods and services complements substitutes film streaming and tv screens film streaming and movie tickets tv screens and movie tickets suppose a technological advance reduces the cost of manufacturing tv screens.

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MsTeel

Film streaming and tv screens: Compliments (if you are watching more netflix, hulu, etc you will care more about having a good tv to watch on)

Film streaming and movie tickets: Substitutes (you will either watch netflix or go to the movies, not both at the same time)

TV screens and movie tickets: Substitutes (if you are going to the movies, it doesn't matter what kind of TV you have)

Baraq

By considering the market for film streaming services, tv screens, and tickets at movie theaters. for each pair, we have the following:

film streaming and tv screens: these two pairs of goods and services complement each other.

  • This is because one can still stream videos on tv screens.

film streaming and movie tickets: these two services are substitutes for each other.

  • This is because one can only either get movie tickets to watch in a cinema or decided to watch it at home through film streaming.

tv screens and movie tickets: these pairs are considered complements.

  • This is because using a cinema house can still use a tv screen to show movies in which movie tickets are sold.

Hence, in this case, it is considered that some pairs of goods and services are complements while some are substitutes.

Learn more here: https://brainly.com/question/23163191

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