Independent goods definitions

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Independent goods

Independent goods logo #21000 Independent goods are goods that have a zero cross elasticity of demand. Changes in the price of one good will have no effect on the demand of an independent good. For example, a person`s demand for nails is independent of his or her demand for bread, since they are two unrelated types of goods. ...
Found on http://en.wikipedia.org/wiki/Independent_goods

Independent goods

Independent goods logo #20140Two goods not consumed together e.g. pins and olives
Found on http://www.encyclo.co.uk/local/20140
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