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What is Complements

Complements: The two goods for which a rise in the price of one good leads to a reduction in the demand for other.

   Related Questions in Microeconomics

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    A Lorenz curve which is identical to a 45 degree line by the origin indicates as: (w) perfect equality of income distribution. (x) complete inequality of income distribution. (y) unitarily elastic supplies of labor. (z) which poverty is prevalent.

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    The slope of this illustrated graph demand curve for DVD games equivalents negative: (w) 0.2. (x) 0.50. (y) 5.0. (z) 2.0. 313_Price El</span></p>
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    Q : Define Marginal rate of Substitution or

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