Business Studies, asked by harsh7341, 1 year ago

Tea and coffe are substitute goods or not

Answers

Answered by ravikantmishra46108
1

It is not good for health


harsh7341: But i ask substitutes or not
Answered by ansari8097
5
Substitute goods are those goods which can be used in place of one another for satisfaction of a particular want, like tea and coffe. ... For example, if price of a substitute  good (say, coffee) increases, then demand for given commodity (say, tea) will rise as tea will become relatively cheaper in comparison to coffee.

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