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Carmelo Daniels
3 December, 05:13
How do compliments and substitutes affect demand?
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Twinkly
3 December, 06:53
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When examining how price and demand changes will affect markets, it is important to consider how various goods are related. We can separate goods into 2 basic types: substitutes and complements ... When the price increases for one good, the demand for the substitute will increase (assuming that price remains constant).
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