Complement vs. Substitute

Front

Products that we usually use/consume together.

Back

Complements

Front

Products that we can use instead of each other.

Back

Substitutes

Front

Which graph shows a decrease in demand?

Back

4

Front

Which graph shows an increase in demand?

Back

3

Front

For taking down notes in class, the image shows an example of a

Back

Substitute

Front

The image shows an example of a

Back

Substitute

Front

The image shows an example of a

Back

Complement

Front

The image shows an example of a

Back

Complement

Front

Replacing a certain item with a less costly item is an example of

Back

the substitution effect

Front

Products that tend to be used together

Back

complements