colestrobel2711 colestrobel2711
  • 03-06-2022
  • Business
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If an increase in the price of good e leads to a large decrease in the demand for good f, what is the relationship between the two goods?.

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abiolataiwo2015
abiolataiwo2015 abiolataiwo2015
  • 13-06-2022

The relationship between the two goods is: The goods are complementary.

What are complementary goods?

Complementary goods can be defined as those goods which consumer buy together and as well  use together.

The goods are tend to be complementary based on the fact that the cross-price elasticity of demand of those goods are tend to be negative and large.

Therefore the relationship between the two goods is: The goods are complementary.

Learn more about complementary goods here:https://brainly.com/question/4025675

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