For complementary goods, an increase in the price of one shifts the demand curve for the other to the right.

Name: For complementary goods, an increase in the price of one shifts the demand curve for the other to the right.
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Question

Quizplus · Accepted Answer

For complementary goods, an increase in the price of one good typically leads to a decrease in demand for its complement, shifting the demand curve for the complementary good to the left, not the right.

For Complementary Goods, an Increase in the Price of One