AP Microeconomics

study guides for every class

that actually explain what's on your next test

Complementary resource

from class:

AP Microeconomics

Definition

A complementary resource is a resource that is used together with another resource in the production process. It has a direct relationship with the primary resource, meaning an increase in the price of one will lead to a decrease in the demand for the other.

© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.