Complementary Goods and Linked Demand #3
4:14
YouTubeMicroeconomics with Michael
Complementary Goods and Linked Demand #3
This lesson explores the concept of complementary goods and explains why the demand for one product is often directly tied to the demand for another. Using clear real-world examples such as phones and cases, printers and ink, and the classic razor and blades model, we show how changes in one market can cause a shift in the demand curve of a ...
1.1K views5 days ago
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