What is Substitute goods
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In microeconomics, a substitute good is a good that can be used in place of another. In consumer theory, substitute goods or substitutes are goods that a consumer perceives as similar or comparable, so that having more of one good causes the consumer to desire less of the other good.
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it is a good that can be used in place of another in consumer theory substitute are the goods that a consumer perceives as similar or comfortable so that having more or one good causes the consumer to desire less of the other goods......
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