What happens to the demand for a good if a complement's price increases?

Name: What happens to the demand for a good if a complement's price increases?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the price of a complement to a good increases, the demand for the good decreases. This is because the complement is necessary for the use of the good, so a higher price for the complement makes the overall cost of using the good more expensive. This results in a decrease in demand for the good, and a leftward shift of the demand curve.

What Happens to the Demand for a Good If a Complement's