Ask Question
7 September, 15:14

Explain why the changes in demand for the complement and the substitute follow different patterns

+3
Answers (1)
  1. 7 September, 16:49
    0
    Answer: A lower price for a substitute decreases demand for the other product. A higher price for a substitute good has the reverse effect. Other goods are complements for each other, meaning that the goods are often used together, because consumption of one good tends to enhance consumption of the other.

    ~Bella M
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Explain why the changes in demand for the complement and the substitute follow different patterns ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers