Goods that that are normally consumed together, like peanut butter and jelly, are what kind of goods?

1 answer:

7 0

Goods that are normally consumed together are known as 'Complimentary Goods' i.e. they compliment one another.

Other examples include toothbrush and toothpaste or Car and Gasoline.

Car and Gasoline is a classic example of complementary goods since the increase or decrease in the demand for one product has a direct impact on the other.

For example, when Gasoline prices start to decline, there is generally an upward trend in the purchase of new cars and vice versa.

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The answer is "No Effect ".

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C) more than 5Y

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the opportunity cost of producing 101 units of X = 5 units of Y

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