Asked by
Prizcilla De Leon
on Oct 12, 2024
Verified
Which of the following is NOT a complement for automobiles?
A) Gasoline to run the car
B) Price of the car
C) The insurance for the car
D) The cost of the financing for the car
E) The cost of periodic maintenance
Complement
A good or service that is used together with another good or service, which increases the demand for each other.
Financing
The process of providing or obtaining the funds necessary for investment, purchase, or undertaking a project.
- Acquire knowledge on how variations in product prices and those of their complements or substitutes influence demand.
Verified Answer
CT
Learning Objectives
- Acquire knowledge on how variations in product prices and those of their complements or substitutes influence demand.