WebGoods that are bought and used together are answer choices complementary goods substitute goods income goods unrelated goods Tags: SSEMI2.f Question 5 30 seconds Q. The law of supply states that if the price of CD’s rise, suppliers will answer choices Supply more CDs Supply fewer CDs Quantity supplied will not change Tags: SSEMI2.a … WebFeb 24, 2024 · holesstanham Answer: two goods that are bought and used together. Explanation: A complement is a good or service that is used together with another …
Economics Quiz 4,5,6,7 Flashcards Quizlet
WebEconomics Final Exam Answer True or False for questions 1-6. 1. Goods sold for consumption such as food, clothes, or cars is consumer good. (True/False) 2. The study of economics on an individual level such as one person or a business is called microeconomics. (True/False) 3. What you didn’t pick when making a decision is called … WebOct 27, 2024 · Complementary goods are products which are bought and used together A fall in the price of Good X will lead to an expansion in quantity demand for X And this might then lead to higher demand for the … images of holiday budgeting
How can the demand for one good be affected by increased
WebMar 15, 2024 · Complements, on the other hand, are the items bought and used together. These items help to lift the sales of each other in a customer basket. Examples of complements could be Bread and Butter or Flights … WebOct 3, 2012 · Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services. WebOct 9, 2024 · In economics, complementary products are goods or services that consumers use together, such as ski boots and ski poles. Explore the definition and examples of complementary goods in economics. list of all ethereum tokens