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

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Anonymous

4y ago

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If two goods are complements?

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


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 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.


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)


Two disjoint events in which one or the other must occur are called?

Complements or complementary events


When are two angles called complements of one another?

They are complements when they add to 90 degrees, making a right angle. For example 60 degrees and 30 degrees, or 23 degrees and 67 degrees.


The reduction division that separates two hapliod complements from each other is called what?

The reduction division that separates two haploid complements from each other is called meiosis. Meiosis is a type of cell division that occurs in sexually-reproducing organisms, resulting in the formation of gametes (eggs and sperm) with half the number of chromosomes as the parent cell.


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.