ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An example of complementary goods would be:
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butter and margarine
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Hondas & Toyotas
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Dress shirts and neckties
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None of the above
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Explanation:
Detailed explanation-1: -Des’s shirts and ties are complementary goods because they are worn together to complete any outfit.
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: -Dress shirts and ties are usually worn together at the workplace. So, they both can be defined as the complement of each other.
Detailed explanation-4: -Answer and Explanation: d. Dell desktop and HP laptop is not the example of the complementary goods.
There is 1 question to complete.