If an increase in the price of one commodity leads to an increase in the demand for a second commodity, then the two commodities are complements.

Name: If an increase in the price of one commodity leads to an increase in the demand for a second commodity, then the two commodities are complements.
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Question

Quizplus · Accepted Answer

When an increase in the price of one commodity leads to an increase in the demand for a second commodity, the two commodities are considered substitutes, not complements.

If an Increase in the Price of One Commodity Leads