complementary products

complementary products

GOODS or SERVICES whose demands are interrelated (a. joint demand) so that an increase in the price of one of the goods results in a fall in the demand for the other. For example, if the price of tennis rackets goes up, this results not only in a decrease in the demand for rackets but, because less tennis is now played, a fall also in the demand for tennis balls. See SUBSTITUTE PRODUCTS, CROSS-ELASTICITY OF DEMAND.
References in periodicals archive ?
Contract notice: wood and building complementary products - next
"When analyzing M&A opportunities, we are looking for companies that provide complementary products, improve product development, broaden industry expertise, expand market share, and leverage our strong customer relationships and sales network.
Complementary products, market channels and facilities enable the new company to leverage scale and better support an expanded customer base.
For start-up businesses interested in adding complementary products in their portfolio, Grainsmart will also start offering a 4-in-1 package that includes Phoenix Super LPG and POSIBLE-a digital transaction device-along with its rice and water product offerings.
Dunes Point Capital, LP, a New York-based investment firm, has announced it has acquired Specialty Products and Insulation, a value added distributer and fabricator of mechanical insulation and complementary products for commercial and industrial applications, the company said.
Finally, our digital subscribers will receive a copy of our first Complementary Products Guide, a special edition of Beverage Dynamics that covers non-alcohol products sold in off-premise retail stores.
The relationship that has evolved with these banks puts NDC in a favorable position to sell complementary products to help banks meet market and regulatory requirements.
Though there are several researches about the optimized selling-price within the supply chain framework, only few models were considered the optimized selling-price for complementary products. By definition, complementary product means these products which cannot be used without help of another like stapler and its pin and bed and mattress.
DT is a pioneer in PC-based data acquisition and brings complementary products to MCC's portfolio.
However, in line with its continuous development policy, Henkel says it has now also perfected several complementary products. LOCTITE 8009 is one of them and is said to offer distinct benefits for the maintenance engineer.
Complementary products, such as FlexStation[R] rigid outer containers and QuaDrum" containers offer robust shipping and storage, and storage solutions, respectively, for fully deployed 3D biocontainer assemblies.
Toronto, Canada, October 24, 2013 --(PR.com)-- Richelieu, a leading North American importer, distributor and manufacturer of specialty hardware and complementary products, will exhibit at the WMS 2013 (booth #4101-4113) in Toronto.

Full browser ?