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What are substitute goods?

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What are substitute goods?

Posted by Arya Dubey 6 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Gurjeet Kaur 6 years, 11 months ago

Substitute goods are those goods which can be used in place of other.Ex.tea and coffee,if price of coffee rises then demand for tea will increase and vice versa

Suryansh Vishnoi 6 years, 11 months ago

These are those goods which have its own substitute (alternative) goods . Eg.tea -coffee, coke-Pepsi. ..etc.

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