answersLogoWhite

0

I thought the question would fit for Government. Not math.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What is it called if two goods are complements?

A decrease in the price of one will increase the demand for the other.


What are goods complements?

canoe and paddles


If two goods are complements their cross elasticity of demand will normally be?

No! That's why I came here! B======D --- --- --- --- (=^_^=)


When two goods are complements, how does a change in the price of one affect the demand for the other?

When two goods are complements, a decrease in the price of one good will typically increase the demand for the other good. Conversely, an increase in the price of one good will usually decrease the demand for the other good. This is because the two goods are often consumed together, so a change in the price of one affects the demand for the other.


How price of related goods affect demand?

Price of related goods fall into two categories: substitutes and complements. Complements are when a price decrease in one good increases the demand of another good. Substitutes are when a price decrease in one good decreases the demand for another good.


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.


How do complements affect demand?

Because of complimentary goods demand increase.


What is an Economic Definition of Complements?

products that increase the value of other products / products related in such a way that an increase in the price of one reduces the demand for bolth (found in economics principles & practices from the Texas edition book)


What is the kind of complements?

Complements can be divided into two main types: subject complements and object complements. Subject complements follow a linking verb and provide additional information about the subject. Object complements follow a direct object and provide additional information about the object.


What are two complements of a car?

Gasoline and insurance? Complements are things that go together, so things that would be purchased along with buying a car.


What are demand shifters?

Prices of Related Goods (Substitutes and Complements) Changes in Income Preferences (Taste) Expectations Population (Number of Buyers)


Suppose the demand for good x is lnqxd 21 - 0.8 lnpx - 1.6 lnpy 6.2 lnm 0.4 lnax then you know goods x and y are A. Substitutes B. Complements C. Normal goods D. Inferior goods?

The famous sports goods are made in the city of

Trending Questions
Which of the following economic systems leaves production decisions competely up the producers? Why should Australia import fewer goods from Asia? What system does a barter system operate without? When the federal reserve board lowers interest rates it most likely attempting to? Why don't some small businesses use ecommerce? John D Rockefeller was able to gain control over most of the oil industry by? How do you apply the power to engage in import and export trade? Economics is a science of wealth which enquires into the nature and causes of wealth of nations who gave this definition of economics? Difference between rent and quasi - rent? When cash flows have been adjusted for inflation but that the discount rates are nominal will this lead to an underestimation of NPV.? What can push an economy in recession into a depression? In which system do privately owned companies compete for profit in an open market? Which of these taxes did lawmakers did lawmakers agree was too tough on farmers and small business person who want their heirs to continue their work? How did the US assist non-Communist nations in economic recovery in the wake of World War 2? What sector of the US economy grew most during the 1980s and 1990s? What happen to price when supply is constant and demand increaes? What currency can be used if us dollar collapses? Account for the predominance of light industries in developing countries? Were most Southern farmers wealthy slave owners Explain? What is central monetary authority?