1. All of the following pairs of goods are substitutes except :.
A. we observe the price of bacon increases and the demand for eggs decreases. B. we observe the price of coffee increases and the demand for tea increases. C. we observe the price of tennis racquets decreases and the demand for golf clubs decreases. D. we observe the price of automobiles decreases and the demand for public transit decreases. 2. All of the following pairs of goods are complements except :_.
A. we observe the price of tennis racquets increases and the demand for tennis shoes decreases. B. we observe the price of bacon decreases and the demand for sausage increases. C. we observe the price of coffee decreases and the demand for tea decreases.
D. we observe the price of automobiles decreases and the demand for tires increases.

Question

25-07-2022
Business

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1. All of the following pairs of goods are substitutes except :.
A. we observe the price of bacon increases and the demand for eggs decreases. B. we observe the price of coffee increases and the demand for tea increases. C. we observe the price of tennis racquets decreases and the demand for golf clubs decreases. D. we observe the price of automobiles decreases and the demand for public transit decreases. 2. All of the following pairs of goods are complements except :_.
A. we observe the price of tennis racquets increases and the demand for tennis shoes decreases. B. we observe the price of bacon decreases and the demand for sausage increases. C. we observe the price of coffee decreases and the demand for tea decreases.
D. we observe the price of automobiles decreases and the demand for tires increases.

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ogorwyne ogorwyne · Answer 1 · 2022-07-26T17:18:54+02:00

The answer is Option A. The options are substitutes except A. we observe the price of bacon increases and the demand for eggs decreases.

What is a good substitute?

This is the term that is used to refer to the goods that can be substituted for other goods.

These types of goods are known to have very close usage to the goods that they are substituting.

Eggs and bacon are not substitute goods these are the types of goods that are known to complement themselves. They go hand in hand and one is not used in place of the other.

Read more on goods substitutes here: https://brainly.com/question/14665758

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