An entire city likes milk and coffee equally well. milk is packaged in cardboard cartons. coffee is packaged in tin cans. yester

Question

2 years ago

10

An entire city likes milk and coffee equally well. milk is packaged in cardboard cartons. coffee is packaged in tin cans. yester

day the price of cookies, a complement to milk, increased in price. based on this information you will answer three questions, using equilibrium graphs to explain your responses. what will happen to the market for milk

Business

1 answer:

Sloan [31] · Answer 1 · 2023-07-02T08:52:14+03:00

Sloan [31]2 years ago

6 0

There are 2 types of products. Substitute goods which can replace another good and complementary goods which goes to together,therefore if the complement increases the price so will the other good