Keyword: substitute goods

Complements and Substitutes (transcript) (3/27/2007)

Complements and substitutes illustrate the difference between changes in quantity demanded vs changes in demand.

Keywords: complementary goods, complements, demand shift, quantity demanded, substitute goods, substitutes

There Are no Widgets - Types of Goods (7/7/2006)

The law of supply and demand applies differently depending on the exact types of goods.

Keywords: capacity, closed-standard goods, complementary goods, durable goods, first-party payment goods, independently-used goods, inferior goods, innovative products, mature products, networked goods, normal goods, open-standard goods, Perishable goods, price discrimination, private goods, public goods, replacement, single pricing, substitute goods, third-party goods, widgets