When two goods are complementary goods,as the price of one of the goods goes _,the quantity demanded of the other goes _.

A) down;down
B) up;up
C) up;down
D) down;neither up nor down

Question

When two goods are complementary goods,as the price of one of the goods goes _____,the quantity demanded of the other goes _____.A) down;downB) up;upC) up;downD) down;neither up nor down

Vivica Gaston · Accepted Answer

Final Answer : C, Explanation :  Complementary goods are goods that are usually consumed together, so as the price of one good goes up, the demand for the other good decreases. For example, if the price of peanut butter goes up, the demand for jelly (its complementary good) will decrease, as people tend to consume them together. Therefore, as the price of one good goes up, the quantity demanded of the other goes down.

When two goods are complementary goods,as the price of one of the goods goes _,the quantity demanded of the other goes _.

A) down;down
B) up;up
C) up;down
D) down;neither up nor down

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