Question

Cumine on reaction with oxygen followed by hydrolysis

Answer 1

Substitute goods may be used in place of each other

Complementary goods are used together

If the price of one commodity increases quantity demanded of its substitute will increase and vice versa

If the price of a commodity increases the demand for its complementary will decrease and vice versa.

Tea and coffee, coke and Pepsi are some of the best examples of substitute goods

Car and petrol, sugar and milk are some of the best examples of complementary goods