When 2 or more goods are demanded simultaneously?
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Basically, joint demand is when you need two goods because they work together to provide a benefit for the consumer. If two goods are in joint demand, they will have a high and negative cross elasticity of demand. In other words, a fall in the price of ink may prompt an increase in demand for printers
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Explanation:
When two or more goods are jointly demanded at the same time to satisfy a single want it is called joint or complementary demand. Joint demand refers to the relationship between two or more commodities or services when they are demanded together.
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