If the price for a product increases, the demand for the complementary product will
A)decrease.
B)increase.
C)stay the same.
D)become more elastic.
E)become more inelastic.

Question

Quizplus · Accepted Answer

When the price for a product increases, consumers tend to buy less of that product, which in turn reduces demand for complementary products that are typically purchased with that product. Thus, the demand for complementary products will decrease.

If the Price for a Product Increases, the Demand for the Complementary