If the demand for one good decreases when the price of another good increases, the two goods are ________ goods.

Question

Quizplus · Accepted Answer

When the demand for one good decreases as the price of another good increases, the two goods are considered complementary. This is because the use or consumption of one good enhances the use or consumption of the other, and a price increase in one makes the other less attractive due to the higher overall cost of using both together.

If the Demand for One Good Decreases When the Price