If beer and pretzels are complementary goods, then an increase in the price of beer, other things being equal, will result in a(n)

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Quizplus · Accepted Answer

Complementary goods are goods that are consumed together. In this case, beer and pretzels are complementary goods because they are often consumed together. If the price of beer increases, people may be less likely to buy beer, which means they will also be less likely to buy pretzels to go with the beer. This leads to a decrease in the demand for pretzels.

If Beer and Pretzels Are Complementary Goods, Then an Increase