Question

Bill is a yacht broker in the southeastern United States. For years he has had difficulty selling large yachts locally because there were few places to dock these boats. Yachts and spaces to dock them are an example of _________.

Answer 1

Answer:

complementary products

Explanation:

Yachts and spaces to dock are a clear example of complementary products.

If using more of good A requires using of more of good B, then those goods are complementary. In this case, for every additional Yacht sold, there must also be available space to dock, otherwise the value of the Yacht is hindered, thus making those products complementary.