Question

multiple choice 2 points
if the demand for a good rises sharply, what is likely to occur with the demand for a complementary good?
d. the demand for the complementary good will also rise.
c. the demand for the complementary good will rise if the price is lowered.
a. the demand for the complementary good will stay the same unless the price is lowered.
b. the demand for the complementary good will fall because of limited supply.

Explanation:

Complementary goods are those that are used together. When the demand for one good rises sharply, consumers will need more of the complementary good to use with the first - good, so its demand also rises.

Answer:

d. The demand for the complementary good will also rise.