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Rama09 [41]
2 years ago
10

If tennis rackets and tennis balls are complements, an increase in the price of tennis rackets will cause the equilibrium price

of tennis balls to ______ and the equilibrium quantity of tennis balls to _____.
Business
1 answer:
lawyer [7]2 years ago
6 0

Since the tennis rackets and tennis balls are complements,then equilibrium price of tennis balls would decrease and the equilibrium quantity of tennis balls decrease if there is increase in the price of tennis rackets.

<h3>What is Equilibrium price?</h3>

Equilibrium price  can be regarded as the point where there is intersection of  cost of a product as well as the demand for that product.

learn more about Equilibrium price at;

brainly.com/question/14297698

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