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Two items which are complements in consumption
Course:- Macroeconomics
Reference No.:- EM1338068





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Assignment Help >> Macroeconomics

Supply and demand

A few questions to clarify supply and demand:

If the number of producers for a product declines- what happens to the supply and demand of that product?

If you have two items that are complements in consumption and the price of one of them goes up, what happens to the demand of each of the items?

 




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