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प्रश्न
A substitute good is a good:
पर्याय
Of higher quality than another good
That is not used in place of one another
That can be used in place of one another
Of low lower quality than another good
उत्तर
That can be used in place of one another
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संबंधित प्रश्न
With help of an example explain the term complementary goods.
With suitable examples differentiate between complementary goods and substitute goods.
Identify the factor that affects market demand from the options below:
The wide gap between the rich and poor with reference to income highlights ______ determinant of the market demand.
What will be the effect on demand for tea, if the price of coffee falls?
What will be the effect on demand for cars, if petrol becomes expensive?
State 2 types of related goods.
Give two examples of substitute goods.
Define complementary goods.
Give two examples of complementary goods.
