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23 July, 04:56

Consider the following statement: Given that burgersburgers and friesfries are complementary goods, if the price of friesfries increasesincreases the demand for both goods will fallfall. Is this an accurate statement?

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  1. 23 July, 04:58
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    It is not an accurate statement.

    Explanation:

    Complementary goods are those that have a demand related to each other, that is, that one depends on the other and the other depends on the first to be used, but these are divided according to their degree of complementarity, there are some that are perfect complementary which do not a good can be used without using another that complements it. and there are the softer complements as they are the case of hamburgers and fries if they increase their price will not decrease the demand for hamburgers since these can generate profits by themselves.
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Home » Business » Consider the following statement: Given that burgersburgers and friesfries are complementary goods, if the price of friesfries increasesincreases the demand for both goods will fallfall. Is this an accurate statement?
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