0:00
All right.
00:01
What are complementary goods? complementary goods are things that go well together.
00:12
So what happens to one of their supply curve is identical to what happens.
00:17
So like, yeah, if something happens to one of them, like supplier demand shifts, that's probably going to happen, at least with demand, for sure.
00:30
You might think of stuff like coffee and donuts, right? they go well together.
00:38
So if the price of coffee suddenly shifts, right, so say the supply gets pinched, it turns into, i'll do a different color, turns into this, price goes up, then what that does is it shifts the demand for donuts down, coffee.
01:06
Because we know as price goes up, demand goes down, so that's what happens.
01:12
Of these examples, which is a pair of complementary goods...