Question

what is different baetween subsitute and complements​

Answer 1

Answer:

Different between. subsitute and complements.

Two goods (A and B) are complementary if using more of good A requires the use of more good B. For example, ink jet printer and ink cartridge are complements. Two goods (C and D) are substitutes if using more of good C replaces the use of good D. For example, Pepsi Cola and Coca Cola are substitutes.

Answer 2

Answer:

Hey!!!

➡️complementary goods

These are those goods which are jointly required to satisfy a particular want

For example ink and pen

In case of complementary goods when the price of commodity than the demand of its complementary will rise

➡️ Substitute Goods

These are those goods which are used in place of one another to satisfy a want.

in case of this when the price of one commodity increase than the demand of its subsitute will increase.

Explanation:

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