give 10 examples for substitute goods and complimentary goods
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As the quantity demanded for good A increases, so does the demand for good B. On the flip side, as less people want good A, the demand for good B will also go down. Examples of complementary goods are peanut butter and jelly and computer hardware and software. When you buy one, you usually buy the other.
An example of substitute goods are tea and coffee, these two goods satisfy the three conditions: tea and coffee have similar performance characteristics (they quench thurst), they both have similar occasion for use (in the morning) and both are usually sold in the same geographic area (consumers can buy both at their ...
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