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Business Data Management · Quiz 1 · 16 Oct 2022 · September 2022 term

Question 4: “She was hungry and wanted a Dosa. The app on her phone g…

Question 4

+1 markOne correct option

“She was hungry and wanted a Dosa. The app on her phone gave her a better price for a plate of Idlis; so she chose Idli over Dosa. She also wanted to buy a printer. However, the cartridge was very expensive, and thus she had to drop the idea of getting a printer.”
The first purchase decision (Dosa/Idli) is a classic example of _______ goods and the second (printer/cartridge) is an example of _________ goods.

  1. A

    complementary; complementary

  2. B

    substitutable; substitutable

  3. C

    complementary; substitutable

  4. D

    substitutable; complementary

Show answer

Correct answer

  • D

    substitutable; complementary

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Question 4 of 13 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 16 Oct 2022, in the September 2022 term (IIT M QUIZ 1 FOUNDATION DAD DIPLOMA QPD2 16 Oct 2022). It carries 1 mark.

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