Asked by
abdullah abaoud
on Nov 17, 2024Verified
Cocoa and marshmallows are complements, so a decrease in the price of cocoa will cause an increase in the demand for marshmallows.
Complements
Goods or services that are used together, where an increase in demand for one leads to an increase in demand for the other.
- Pinpoint the qualities and results of substitute and complementary goods on the demand within the marketplace.
Verified Answer
MC
Learning Objectives
- Pinpoint the qualities and results of substitute and complementary goods on the demand within the marketplace.
Related questions
Most Studies Have Found That Tobacco and Marijuana Are Substitutes ...
Most Studies Have Found That Tobacco and Marijuana Are Complements ...
A Decrease in the Price of a Complement Will Shift ...
If Baked Potatoes and Sour Cream Are Complements, Then an ...
What Is the Most Likely Effect of the Development of ...