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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.
If a buyer buys less of a commodity when his income falls, how will his demand curve change? Illustrate your answer with a diagram.
Identify the factor that affects market demand from the options below:
A substitute good is a good:
Explain any four factors which determine the market demand.
State 2 types of related goods.
Define complementary goods.
Give two examples of complementary goods.
