Economy, asked by iraevangali, 1 month ago

what are complementary goods? Explain its impact on demand​

Answers

Answered by krupa212010106
8

When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases.

Answered by dk1789774
5

Answer:

When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases.

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