Demand for one item goes down when the price of another item goes up. These items must be

Name: Demand for one item goes down when the price of another item goes up. These items must be
Brand: Quizplus
Rating: 4.7 (55 reviews)

Question

Quizplus · Accepted Answer

When the demand for one item decreases as the price of another item increases, these items are considered complements. This is because they are typically used together, so if one becomes more expensive, people are less likely to buy it, which in turn reduces the demand for the related item.

Demand for One Item Goes Down When the Price of Another