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Demand decreases and supply remains the same.

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Joel Labadie

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3y ago

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Which of these is most likely to lead to a decrease in the price of a good?

Demand decreases and supply remains the same would lead to a decrease in the price of a good.


Which is most likely to lead to a decrease in the price of a companys stock?

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If two goods are complementary a(n)?

If two goods are complementary, an increase in the price of one good will lead to a decrease in the demand for the other good. This is because consumers typically use these goods together, so if one becomes more expensive, they are less likely to purchase both. Conversely, a decrease in the price of one good can increase the demand for both goods.


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Demand decreases and supply remains the same.


Is likely to lead to a decrease in the price of a good?

Demand decreases and supply remains the same.


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A higher price will cause an increase in supply, assuming that all other factors remain constant. Likewise, a decrease in price will cause a decrease of supply and an increase in demand.


What is most likely to lead to a decrease in the price of a good?

Demand decreases and supply remains the same.


What most likely to lead to a decrease in the price of a good?

Demand decreases and supply remains the same.


What are complementary goods in economics and how do they impact consumer behavior and market demand?

Complementary goods are products that are used together, such as peanut butter and jelly. When the price of one complementary good changes, it can impact the demand for the other. For example, if the price of peanut butter increases, consumers may buy less jelly as they are less likely to use it. This can lead to a decrease in overall market demand for both goods.


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