Fukuoka Subway Map on Conversely, the absence of complementary goods tends to decrease the economic value of their complements. If two goods are complementary, an increase in the price of one tends to decrease the demand of the other because the two goods are normally used together. Giffen goods are an unusual class of consumer goods in that people buy more of them at higher prices. This is an unusual but not unheard-of phenomenon.
The appeal of higher-priced Giffen goods is due mainly to: 1.consumers' perception that a higher price means higher quality 2.consumers' sense of social status attached to paying a higher price for certain goods.
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