Question: Suppose that the demand functions for two related products, A and B, are given by where pA and pB are the respective prices in dollars.

Suppose that the demand functions for two related products, A and B, are given by

= 800 – 40p. Ял Рв +1 10 30р в = 1000 – Д8 PA+ 4

where pA and pB are the respective prices in dollars. Determine whether the products are competitive or complementary.

= 800 40p. +1 10 30 = 1000 8 PA+ 4

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