ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Coke and Pepsi
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Trains and buses
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Printers and ink cartridges
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Tea and sugar
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Detailed explanation-1: -Printers and printer ink are complementary goods.
Detailed explanation-2: -Complementary goods are goods/services that are typically used together, for example keyboard and computers, tennis balls and rackets, and milk and cookies. When the price of a certain good decreases, the demand for its complementary good will increase.
Detailed explanation-3: -Complementary goods: Complementary goods are those goods which are used together to satisfy a given want. They are demanded jointly, e.g., car and petrol, pen and ink. In case of complementary goods, an increase in the price of one good causes a decrease in the demand of the other good.
Detailed explanation-4: -Answer and Explanation: d. Dell desktop and HP laptop is not the example of the complementary goods.
Detailed explanation-5: -In economics, a complementary good is a good whose appeal increases with the popularity of its complement. Technically, it displays a negative cross elasticity of demand and that demand for it increases when the price of another good decreases.