Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
The demand for ink cartridges will increase.
B
The demand for ink cartridges will decrease.
C
The demand for ink cartridges will remain unchanged.
D
The demand for printers will increase but not affect ink cartridges.
Understanding the Answer
Let's break down why this is correct
Answer
When the price of printers goes down, more people are likely to buy them. Printers and ink cartridges are complementary goods, which means they are used together. As more printers are sold, the demand for ink cartridges will likely increase because people will need ink to use their new printers. For example, if a family buys a new printer at a lower price, they will also need to buy ink cartridges to print their documents. Therefore, when the price of one complementary good decreases, the demand for the other good usually increases as well.
Detailed Explanation
When printers cost less, more people buy them. Other options are incorrect because Some might think that if printers are cheaper, people won't need as much ink; It's a common mistake to think that price changes don't affect demand.
Key Concepts
market analysis.
Topic
Complementary Goods and Demand
Difficulty
easy level question
Cognitive Level
understand
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