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A complementary good is one used in conjunction with another good or service.

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Adelia Muller

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4y ago
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6mo ago

A complementary product is a good or service that is used in conjunction with another product or service. These products are considered to be related or necessary to each other, and their consumption or use may depend on each other. For example, a printer and printer ink are complementary products.

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Q: What is a Complementary product?
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Related questions

How can enter in global market with new product?

Do it through a joint venture with the firm of some complementary product


What is product and service alliance?

Product or service alliances -- One company licenses another to produce its product, or two companies jointly market their complementary products or a new product.


Which would cause an increase in the demand for production A?

A decrease in the price of a complementary product B.


What will happen to demand for a commodity if the price of its complementary falls?

Complement goods are those goods which uses collectively or side by side e.g petrol and cars. If the demand of one good changes then demand of other good move in the same direction. If the price of product complementary falls then the demand of complementary product increases according to the demand law which in turn increase the demand of product. Suppose the prices of petrol falls which will increase the demand of petrol which in turn in increase the demand of cars.


What are some complementary goods for shampoo?

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Petrol is a complementary product for car.How can increase in income will affect the demand for petrol if you know that a car is a normal good?

i dont knowhgfdgfhjjk


Define complementary assets and explain how they ensure that information systems provide genuine value to an organization?

Complementary assets are defined as assets or infrastructure that are needed in order to support a technological innovation. They ensure that a product gets good marketing and commercialization.


What is a complementary want?

a want that is complementary


What is the prefix for complementary?

The prefix for complementary is "com-".


What sequence is complementary to aggtac?

The complementary sequence to aggtac is tccatg. In DNA, adenine pairs with thymine and guanine pairs with cytosine.


Blue and red are complementary colors?

no, blue and orange are complementary colors and red and green are complementary colors


What complementary binding is?

basically complementary binding is useless