If the price of K declines,the demand curve for the complementary product J will:

Name: If the price of K declines,the demand curve for the complementary product J will:
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

When the price of complementary product K declines, it becomes relatively cheaper compared to product J. This leads to an increase in the demand for product K, which in turn leads to an increase in the demand for product J. Hence, the demand curve for product J will shift to the right.

If the Price of K Declines,the Demand Curve for the Complementary