asked 93.9k views
1 vote
Which of the following types of goods affect the demand for another product due to a change in their price?

a. Complimentary goods
b. Substitute goods
c. Inferior goods
d. Normal goods
(Select All That Apply)
a. Complimentary goods & b. Substitute goods

2 Answers

4 votes

Answer: substitute goods and complementary goods

Step-by-step explanation:

answered
User JDB
by
8.1k points
3 votes

Answer:

Answer and Explanation: The correct answer is option C. complementary goods. If the change in the price of one product is affecting the demand for that product and the related product, then these products may be called substitutes or complementary products depending upon the behavior.

Step-by-step explanation:

answered
User Joseph Woodward
by
8.5k points
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