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Figure 1 Figure 2 Figure 3 Figure 4 Which of the figures above would be an appropriate representation of the effects on the market for golf balls when there is a decrease in the price of golf clubs?
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Answer #1

Figure 3

Golf balls and golf clubs are complementary goods which means that they are used together. So, as price of golf clubs decreases, the demand for golf clubs will increase. And as golf clubs and balls are complementary to each other, an increase in demand for golf clubs also increases the demand for golf balls. So, demand curve for golf balls will shift to the right as indicated in figure 3.

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