MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Complementary Goods

Given that co...

Question

Given that coffee and sugar are complementary goods, if price of sugar falls, demand for coffee will .

A

become zero

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

be constant

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

rise

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

fall

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C rise
Given that the two are complementary goods, if price for one falls, the demand for the other will rise.

Suggest Corrections

thumbs-up

1

Similar questions

Q. If the price of tea falls, demand for coffee will __________.

Q. Q. Suppose if the price of coffee increases, people will demand more of tea and thus demand for tea will increase and if the price of coffee falls, people will demand more of coffee and thus demand for tea will fall. This implies that-
Q. मान लीजिए अगर कॉफी की कीमत बढ़ती है, तो लोग चाय की अधिक मांग करेंगे और इस प्रकार चाय की मांग बढ़ेगी और यदि कॉफी की कीमत गिरती है, तो लोग कॉफी की अधिक मांग करेंगे और इस प्रकार चाय की मांग गिर जाएगी। इसका अर्थ यह है कि-

Q. Three substances are added to a mug to make coffee: coffee at

65^{\circ} C

65^{\circ} C

and sugar. If the sugar is in thermal equilibrium with the coffee, then which of the following is/are true?

Q. For every 10 cups of coffee, 15 sugar cubes are used. The ratio of the number of sugar cubes to cups of coffee is

If price of tea increases, the demand for coffee rises.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Demand Shifters

ECONOMICS

Watch in App

explore_more_icon

Explore more

Complementary Goods

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon