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Good that can be used in place of another good.
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Related Questions
Examples of unsought goods?
The main examples of unsought goods arelife insurancea gravestone. tas
What are 3 examples of goods?
no
Examples of fast moving consumer goods?
non durable goods
Examples of giffen goods?
sfs
What are examples of elastic goods?
coffee
What are some examples of inferior goods?
Spam
Automobiles and gasoline are examples of?
Complementary Goods.!
What are automobiles and gasoline are examples of?
complementary goods
What are the examples of unsought goods?
Unsought goods is new product that the consumer is not yet aware of it
Examples of substitute goods and complementary goods under supply?
tea and coffe are substitute goods tooth brush and tooth paste are complementary goods
Examples for normal goods?
Normal goods can be any goods that increase in demand when income increases and fall when price stays consistent but income falls. Examples of normal goods includes branded fashions, cars, and high-technology products like computers.
What are the examples of merit goods?
Types of goods that are generally considered necessary or needed are known as merit goods. These goods were first introduced by Richard Musgrave in 1957.
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