Economy, asked by rahulpogula302, 5 months ago

demand for car and petrol​

Answers

Answered by adeshjha777
0

Answer:

A rise is price of petrol leads to a fall in demand for cars (assuming price of car is constant) because cars and petrol are complementary

Answered by doraemonfan
2

Answer:

Complementary goods are those goods which are used together. ✡ When the goods are complementary the price of one good effect the demand of other good. ... ⚛ So, when the price of cars increases, the demand for the car will decrease which further decreases the demand for petrol which is a complementary good for cars.

Explanation:

Hope it will help you

Jai Hind

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