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प्रश्न
Define substitute goods.
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उत्तर १
Substitute goods are ones that can be used in place of the others.
उत्तर २
Substitute goods are those goods which can be used in place of one another.
संबंधित प्रश्न
With help of an example explain the term complementary goods.
With suitable examples differentiate between complementary goods and substitute goods.
Explain clearly two factors which determine demand.
Identify the factor that affects market demand from the options below:
The wide gap between the rich and poor with reference to income highlights ______ determinant of the market demand.
What will be the effect on demand for tea, if the price of coffee falls?
Explain any four factors which determine the market demand.
State 2 types of related goods.
Give two examples of substitute goods.
Give two examples of complementary goods.
