MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Substitute Goods

Which of the ...

Question

Which of the following pairs represent substitute goods?

A

Car and petrol

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Juice and cold drink

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Bread and butter

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

All of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
Juice and cold drink

Juice and cold drink are substituted goods, as one could be substituted for the other.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Bread and butter, car and petrol are examples of goods which have _______.

Q. A shopkeeper wants to stack the juice cans and cold drink cans such that all stacks are of the same height. If there are 24 juice cans and 16 cold drink cans what will be the maximum height of the stacks if there are separate stacks for juice and cold drinks?

Q. Water, milk, fruit juice, cold drinks are examples of which states of matter?

Q. What is the total cost of bread and butter, if cost of bread is ₹49.99 and butter is ₹32.99 ?

Write an inequality to Represent the situation.

The recommended daily calcium intake for a 20-year-old is 1,000 milligrams (mg). One cup of milk contains 299 mg of calcium and one cup of juice contains 261 mg of calcium. Which of the following inequalities represents the possible number of cups of milk, m, and cups of juice, j, a 20-year-old could drink in a day to meet or exceed the recommended daily calcium intake from these drinks alone?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Demand Shifters

ECONOMICS

Watch in App

explore_more_icon

Explore more

Substitute Goods

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon