Examlex
Provide the systematic name for the compound below.
Complements
Pairs of goods for which a rise in the price of one good leads to a decrease in the demand for the other good.
Cross-Price Elasticity
A measure of how the quantity demanded of one good responds to a change in price of another good, indicating whether the goods are substitutes or complements.
Demand
The total quantity of a good or service that consumers are willing and able to purchase at a given price level.
Gala Apples
A variety of apple that is known for its sweet flavor and crisp texture, often used in cooking and baking.
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