What do you mean by substitudes ? Give examples of two goods which are substitutes of each other.

What do you mean by substitudes ? Give examples of two goods which are

1.	What do you mean by substitudes ? Give examples of two goods which are substitutes of each other.
Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/substitutes-1231649" style="font-weight:bold;" target="_blank" title="Click to know more about SUBSTITUTES">SUBSTITUTES</a> <a href="https://interviewquestions.tuteehub.com/tag/refer-621103" style="font-weight:bold;" target="_blank" title="Click to know more about REFER">REFER</a> to those goods which can be used in place of one <a href="https://interviewquestions.tuteehub.com/tag/another-876628" style="font-weight:bold;" target="_blank" title="Click to know more about ANOTHER">ANOTHER</a> for satisfaction of a particular want. For example : Tea and Coffee , <a href="https://interviewquestions.tuteehub.com/tag/coke-421881" style="font-weight:bold;" target="_blank" title="Click to know more about COKE">COKE</a> and Pepsi.</body></html>