Economy, asked by star63944, 1 year ago

what is substitute goal??​

Answers

Answered by Anonymous
2

The question has a mistake it is good not goal ^_^

Substitute goods

==>

These are the goods which can be substituted from each other, such as tea and coffee, or ball pen and ink .

In case of such goods, increase in price of one cause increase in demand for the other and vice versa..

hope it helps ♥♥

Answered by harman1871
1

Answer:

Heya....

See here for your answer.....

=============

Substitution goods ..

These are the goods which can be use interchangeable...

When price of the subsitute good decrease consumer shift to the substitution good....

Example...

Tea and Coffee

Coke and Pepsi

We can use either tea or coffee for our satisfaction..

Thank you

plz mark as brainliest..

Similar questions