Two goods are complements

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Reference no: EM13852697

Two goods are complements if:

An increase in the price of one leads to a shift to the left in the demand curve for the other

An increase in the price of one leads to an increase in demand for the other

An increase in the price of one will increase the supply of the other

A fall in the price of one leads to a reduction in supply for the other

Reference no: EM13852697

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