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How will a decrease in the prive of the pen affect the demand of ink?

Answer» <html><body><p></p>Solution :Since these are <a href="https://interviewquestions.tuteehub.com/tag/complementary-2532127" style="font-weight:bold;" target="_blank" title="Click to know more about COMPLEMENTARY">COMPLEMENTARY</a> goods, with <a href="https://interviewquestions.tuteehub.com/tag/decrease-946104" style="font-weight:bold;" target="_blank" title="Click to know more about DECREASE">DECREASE</a> in price of pen, demand of ink will increase because consumer will demand more of pens due to <a href="https://interviewquestions.tuteehub.com/tag/fall-983217" style="font-weight:bold;" target="_blank" title="Click to know more about FALL">FALL</a> in price of pens. There will be rightward shift in demand curve of ink from <a href="https://interviewquestions.tuteehub.com/tag/dd-431195" style="font-weight:bold;" target="_blank" title="Click to know more about DD">DD</a> - `D_(1)D_(1)`. There is rightward shift in demand curve of ink due to decrease in price of pens. <br/> <img src="https://d10lpgp6xz60nq.cloudfront.net/physics_images/MIC_ECO_XI_U02_C03_E01_039_S01.png" width="80%"/></body></html>


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