Economics · Microeconomics
If an increase in the price of petrol leads to a decrease in the demand for cars, what type of demand do cars and petrol exhibit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Complementary demand✓
- 2Derived demand
- 3Direct demand
- 4Autonomous demand
Correct answer
Complementary demand
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