Complementary Goods

Key Terms
Complementary goods (Joint demand): Goods that are consumed together e.g. PS4s and PS4 Games.
Theory

What are complementary goods?


Complementary goods are goods that are purchased together, PS4s and PS4 games, fish and chips, tennis rackets and tennis balls.

When demand for one of the goods increases, demanded for the other good will increase as well. When demand for the PS4 console increases there will be an increase in demand for PS4 games.

complementary goods diagram


Equally when demand for one good falls demand for the other good will also fall.