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Examples of substitute goods and complementary goods under supply?
Wiki User
∙ 11y ago
tea and coffe are substitute goods
tooth brush and tooth paste are complementary goods
Wiki User
∙ 11y ago
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Automobiles and gasoline are examples of?
Complementary Goods.!
What is price of related goods in demand?
Price of related goods in demand means prices of substitute goods and complementary goods.
What are some complementary goods for shampoo?
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What type of goods are commonly used with other goods?
Complementary Complementary goods are commonly used with other goods
What type of goods commonly used with other goods?
Complementary Complementary goods are commonly used with other goods
What are automobiles and gasoline are examples of?
complementary goods
Automobiles and gasoline are examples of?
Complementary Goods.!
What is price of related goods in demand?
Price of related goods in demand means prices of substitute goods and complementary goods.
What are some complementary goods for shampoo?
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What are examples of substitute goods?
Good that can be used in place of another good.
What type of goods are commonly used with other goods?
Complementary Complementary goods are commonly used with other goods
What type of goods commonly used with other goods?
Complementary Complementary goods are commonly used with other goods
What kind of good is consumed together like peanut butter and jelly?
Complementary goods are consumed together.
Are milk and cheese complementary goods?
no, milk & cheese are not complementary
How do substitute goods and complementary goods affect demand for another good?
Substitutes and complements is the fact that a change in price of one of the goods has an impact on the demand for the other good. For substitutes, an increase in the price of one of the goods will increase demand for the substitute good. (It's probably not surprising that an increase in the price of Coke would increase the demand for Pepsi as some consumers switch over from Coke to Pepsi.) It's also the case that a decrease in the price of one of the goods will decrease demand for the substitute good.
How do you increase revenue for complementary goods?
You don't get revenue on complimentary goods.
Are cars complementary goods for oil?
yes.
