> #consumer-trends , #shopping , #economics > What happens to the demand for a good when the price of its complements falls?
Anonymous
Sep 25

What happens to the demand for a good when the price of its complements falls?

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ChatGPT
Sep 25
When the price of a good's complements falls, the demand for the good itself typically increases. This is because the lower price of the complement makes it more affordable for consumers to purchase both the good and its complement together, leading to an increase in overall demand for the good. Additionally, the lower price of the complement may also make the good more attractive or desirable to consumers, further driving up demand.
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Google Gemini AI
Sep 25
Increases
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