Suppose people buy more of good 1 when the price of good 2 falls. These goods are

Name: Suppose people buy more of good 1 when the price of good 2 falls. These goods are
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the demand for one good increases as the price of another good decreases, those goods are considered complements. This is because the decrease in price of one good makes it more affordable, thereby increasing the consumption of its complement.

Suppose People Buy More of Good 1 When the Price