What is the difference between complimentary goods and substitute goods?
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Complements are goods that are consumed together. Substitutes are goods where you can consume one in place of the other. ... 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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Explanation:
Complements are goods that are consumed together. Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve.
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