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Law of demand

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Veda Glover

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3y ago

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Related Questions

What are two goods that are bought and used together?

complement


What is the definition of a complement?

It is term that is usually used for bring the completion of any thing with perfection.


Two goods that are used together are called?

Complementary goods. These goods are typically consumed or used together, as the use of one good complements the use of the other. Examples include peanut butter and jelly, and computers and software.


What happens when two containers at the same temperature are bought together?

...they bounce off of eachother?


Who buys goods Athens or Sparta?

Both city-states of ancient Greece bought goods for their own needs. But Athens was a sea-going trading nation and Sparta was not, so Athens was by far the biggest buyer and seller of goods of the two.


How do indifference curves for complementary goods illustrate the relationship between the quantities of two goods that are consumed together?

Indifference curves for complementary goods show that as the quantity of one good consumed increases, the quantity of the other good consumed also increases to maintain a certain level of satisfaction. This illustrates the interdependence between the quantities of two goods that are consumed together.


If you bought two dogs and each of them had 5 puppies how many would you have all together?

You would have 10 puppies plus the two original dogs so 12 dogs all together.


When do you put the and in a sentence?

"And" connects two things that belong together. I bought a book and a DVD. She opened the door and walked out.


What example uses a conjunction to combine independent clauses?

They studied together, and they passed the test. (APEX)ChickenChickenChickenChickenChicken


How can the demand for one good be affected by the increased demand for another one?

Example 1: There are two main ways this can happen. It depends on whether the two goods are complimentary goods or substitute goods.For example, Hot Dogs and Ketchup are complimentary goods (because they go together) so when the demand for hot dogs goes up, so does the demand for ketchupExample 2. Cars and trucks are substitute goods because, even though they are in the same market, people tend to only buy one or the other. So if the demand for trucks went up, this would mean the demand for cars is going down.If you don't like this I can give the answer to this Multiple Choice Questions like it has on the Shifts of the Demand Curve Worksheet.1. When the goods are bought together, increased demand for one will decrease for the other2. If the goods are used together, increased demand for one will increase demand for the other (This is the correct answer)3. If the goods are substitutes for each other, increased demand for one will increase the demand for the other.4. A drop in price for the good will increase demand for the good and it's substitute.


When was the last time you brought or sold goods what did you buy or sell?

I bought a can of Copenhagen Long Cut Wintergreen and a Vanilla Pepsi, maybe two hours ago.


When two kinds of pulleys are used together what is the system called?

When two or more pulleys are used together it is called a compound pulley system.