complementary goods

English - English

Definition of complementary goods in English English dictionary

commodities for which change in the demand for one of them brings the same rate of change in another

Goods frequently consumed in combination; when the price of good x rises, the demand for good y falls, ceteris paribus

- goods that are jointly consumed   The consumption of one enhances the consumption of the other (examples hot dogs/hotdog buns; left shoe/right shoe; snow skis and snow clothing)

Things that go together and are often consumed and used simultaneously

- goods that are often purchased together, such as bread and butter

Hyphenation

com·ple·men·ta·ry goods

Turkish pronunciation

kämplımentri gûdz

Pronunciation

/ˌkämpləˈmentrē ˈgo͝odz/ /ˌkɑːmpləˈmɛntriː ˈɡʊdz/