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Vedmedyk [2.9K]
2 years ago
12

The price of tents, a complement to sleeping bags, increases. how will this affect the market for sleeping bags?

Business
1 answer:
Lelu [443]2 years ago
4 0

If the price of tents should increase then it would cause the demand for sleeping bags to reduce.

<h3>What is a complementary good?</h3>

This is the term that is used to refer to the goods that are bought and used alongside another good. What this means is that both goods are used together.

Hence when the price of one complement good rises, it would cause the demand of that good to reduce and also reduce the market for that good.

Read more on complement goods here: brainly.com/question/1338465

#SPJ1

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