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State the impact of the following changes on the demand curve of a commodity: Increase in the price of a complementary commodity - Economics

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प्रश्न

State the impact of the following changes on the demand curve of a commodity:

Increase in the price of a complementary commodity

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उत्तर

If the price of a complementary good rises, demand for the good falls. For example, if the price of an ink pen rises, the demand for ink will fall because ink and ink pens are complementary items.

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अध्याय 2: Elementary Theory of Demand - QUESTIONS [पृष्ठ ५८]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 2 Elementary Theory of Demand
QUESTIONS | Q 26. (iv) | पृष्ठ ५८
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