Question

Difference between complementary goods and supplementary goods in tabular form

Answer 1

Answer:If you have a tv, you also need the supplementary good of electricity. A more common term is 'complementary good' A complementary good is the same principle of two goods being used together. Supplementary goods have a negative cross elasticity of demand. ... price of petrol goes up, demand for petrol and cars goes down.

Explanation:

Answer 2

Answer:

Substitute goods are independent to each other while as complementary goods are inter-dependent. 2. If the price of one good increases, the demand of its substitute good increases while on the other hand if the price of good increases, the demand its complementary good decreases.

Explanation:

hope it helps u

:)