A change in the price of one good can shift the quantity demanded for another go

Question

A change in the price of one good can shift the quantity demanded for another good. If the two goods are complements, like bread and peanut butter, then a drop in the price of one good will lead to an increase in the quantity demanded of the other good." I've noticed this first hand in my trade. In part of being an HVAC technician I find myself repairing plenty of New and old air conditioning systems. with a lot of the systems made before 2004 used a refrigerant gas called R22. this gas contains chlorine, which as you may know doesn't break down too easily and has lasting harmful affects to people and the environment. By 2004 EPA decided to stop mass producing and eventually put a stop to this refrigerant entirely. since many old systems are still in use, replacing parts that can only work with that type of gas or adding addition refrigerant to the systems are marked up higher than most people would like it to be what items have you guys came across that were marked up due to low supply, can you think of the factor that cause it to rise so much? 0 replies Add Reply

Explanation / Answer

I have been using a personal computer which I bought in 2010. At that time we used DDR3 ram and compatible motherboards. Recently my ram went bad and I needed to replace it. The ram was either unavailable with any seller or it was priced too hig that I can buy two latest rams in price of one DDR3 ram. The reason being that the product supply is at its least due to technological advancement in the PC industry. The demand with respect to the supply is of course large. So the price is too high for these RAMS (Random Acess Memory).

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