Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Coffee and sugar
B
Cars and gasoline
C
Bread and butter
D
Shoes and socks
Understanding the Answer
Let's break down why this is correct
Answer
Complementary goods are products that are often used together, meaning that when the demand for one good increases, the demand for the other good also increases. A common example of complementary goods is coffee and sugar; many people like to add sugar to their coffee. If more people start drinking coffee, they will likely buy more sugar to go with it, showing how the two goods support each other's sales. This relationship happens because the use of one item enhances the experience of using the other. Understanding complementary goods helps businesses predict how changes in demand for one product can affect related products.
Detailed Explanation
Cars and gasoline are complementary goods. Other options are incorrect because Some people think coffee and sugar are complementary; Bread and butter seem like they go together, but you can eat bread alone.
Key Concepts
complementary goods
Topic
Complementary Goods and Demand
Difficulty
easy level question
Cognitive Level
understand
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