Paint and paintbrushes are complements. A decrease in the price of paintbrushes will cause the demand for:
A)paint to increase.
B)paint to decrease.
C)paintbrushes to decrease.
D)both paint and paintbrushes to decrease.

Question

Quizplus · Accepted Answer

Paint and paintbrushes are complements, meaning they are typically used together. If the price of paintbrushes decreases, consumers are more likely to purchase them, which will in turn increase the demand for paint, as more paintbrushes will be used to apply the paint. Therefore, the demand for paint will increase.

Paint and Paintbrushes Are Complements