Answer to Question #161865 in Microeconomics for Harshita Khaund

Question #161865

Are graduation caps and gowns perfect compliments


1
Expert's answer
2021-02-09T18:36:00-0500

The perfect complement is a good that must be consumed with another good. According to the definition above, the graduation caps and gowns are perfect complements because the additional units of caps without gowns or the additional units of gowns without caps provide no additional satisfaction - they must be consumed together.


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