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Meaning of complementary goods

 

 

 

Complementary goods

 

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Business glossary

 

Meaning of term complementary goods :

 

Complementary goods are two goods consumed at the same time e.g. strawberries and cream, or CD and CD players. An increase in demand for a complementary good will increase the demand for the good itself by shifting the demand curve for the good to the right.

 

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Complementary goods

 

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Meaning of term complementary goods

 

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