A hardware store has a big sale on paint. During the sale, the demand for paintbrushes, paint rollers, and painter's tape sharply increases. Which factor explains this rise in demand?
A. substitute goods
B. complementary goods
C. competition
D. price
Answer (2)
The rise in demand for paintbrushes and paint rollers is due to their status as complementary goods to paint. When the price of paint decreases during a sale, it encourages more people to purchase associated painting supplies. This relationship highlights how complementary goods work together in consumer behavior. ;
The rise in demand for paintbrushes, paint rollers, and painter's tape is mainly explained by their status as complementary goods to paint. When paint is on sale, customers begin to purchase the associated supplies they need for their painting projects. Thus, the correct answer is B. complementary goods.
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