people decide topaint their housesWhat is the appropriate response for the ?O Price of paint brushes decreasesHome depot has asale on paintDemand for paint brushes decreases? people decide topaint their housesWhat is the appropriate response for the ?O Price of paint brushes decreasesO Demand for paint brushes decreasesO Demand for paint brushes increasesQuantity demanded for paint brushes decreases?

Answered: What is the appropriate response for…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

people decide to
paint their houses
What is the appropriate response for the ?
O Price of paint brushes decreases
Home depot has a
sale on paint
Demand for paint brushes decreases
?

people decide to
paint their houses
What is the appropriate response for the ?
O Price of paint brushes decreases
O Demand for paint brushes decreases
O Demand for paint brushes increases
Quantity demanded for paint brushes decreases
?

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Complementary goods are those goods which are used together as they satisfy the same type of want of the consumers. These goods have a positive relationship with each other that is if demand for one good increases then so does the demand for its complement.

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