ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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football jersey and shoulder pads
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iPod and iPad
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bicycle and helmet
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computer and charging cord
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Detailed explanation-1: -Answer and Explanation: d. Dell desktop and HP laptop is not the example of the complementary goods.
Detailed explanation-2: -A substitute good is a good that serves the same purpose as another good for consumers. A complementary good is a good that adds value to another good when they are consumed together. Pepsi and Coke are a typical example of substitute goods, whereas fries and ketchup may be considered complements of each other.
Detailed explanation-3: -Cars and petrol are complementary goods since when the price of the petrol increases then the demand for cars fall. Since the price of the petrol and demand for the cars are inversely related, they are complementary goods.
Detailed explanation-4: -Substitute goods are goods that are regarded by the customer to be the same, such that they may be used in place of one another and deliver the same amount of satisfaction. Complementary Items, on the other hand, are goods that are utilized by the customer jointly and are useless when eaten alone.