Two goods, X and Y, are said to be complementary when?

Question 1 Report

Two goods, X and Y, are said to be complementary when?

A fall in the price of X raises the demand for Y

A fall in the price of X causes a fall in the demand for Y

A fall in the price of X does not affect the demand for Y

A rise in the price of X does not affect the demand for Y

The two goods are competitive.

Theory Of Consumer Behaviour

The Theory Of Demand

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