Business Studies, asked by adiadil67530, 2 months ago

what are substitute goods? ​

Answers

Answered by khushi202071
2

Answer:

A substitute, or substitutable good, in economics and consumer theory refers to a product or service that consumers see as essentially the same or similar-enough to another product. Put simply, a substitute is a good that can be used in place of another.

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Answered by Anonymous
2

Answer:

Your ans will be:

Substitute goods are two alternative goods that could be used for the same purpose.

Hope so it will help you..✌️

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