Economics GCSE
Substitute and complementary goods
What Substitute and complementary goods means in Economics GCSE, as defined for AQA.
Definition of Substitute and complementary goods
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Reference: AQA
Related goods where a rise in the price of a substitute increases demand for the original good, whereas a rise in the price of a complement makes demand fall.
Topics that use Substitute and complementary goods
- Demand for goods and services (AQA GCSE)
Related terms
- Consumer behaviour
- Consumer income and preferences
- Decrease in demand
- Demand
- Demand curve
- Goods and services
- Non-price determinants
- Normal and inferior goods
Using Substitute and complementary goods in the exam
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