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Question
sunscreen and beach towels are complementary goods. if the price of sunscreen increases, ceteris paribus, ______. (1 point) the income of consumers will decrease the quantity demanded of beach towels will decrease for every possible price the quantity demanded of beach towels will increase for every possible price the income of consumers will increase
Complementary goods are used together. When the price of one (sunscreen) rises, demand for it falls. This leads to lower demand for its complement (beach towels), meaning at every possible price, the quantity demanded of beach towels decreases. Changes in sunscreen price do not directly affect consumer income.
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the quantity demanded of beach towels will decrease for every possible price