asked 75.4k views
0 votes
What phrase defines complementary goods

asked
User Wow
by
7.5k points

2 Answers

7 votes
Goods used in combination with other products.
answered
User Tobias Glaus
by
9.7k points
3 votes

Answer: Goods used in combination or together with other goods.

Explanation:

Complementary goods are known to be goods or products that are jointly used with other goods or products in order to get the needed result or benefit. Thus, if there is high demand for a good, there will also be high demand for the complementary good and vice versa. Example of complementary good is stove and kerosene and so on.

answered
User Layne
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.