maria purchases a premium brand of coffee at the grocery store for $8. which would be considered a…
maria purchases a premium brand of coffee at the grocery store for $8. which would be considered a substitute good?\n○ a coffee pot\n○ a bottle of coffee creamer\n○ a lower - priced brand of coffee\n○ a pound of sugar
Answer
Answer:
C. a lower - priced brand of coffee
Brief Explanations:
In economics, substitute goods are those that can be used in place of another good. A lower - priced brand of coffee can be used instead of the premium brand Maria bought. A coffee pot is a complementary item for brewing coffee, coffee creamer and sugar are complements to coffee for taste, not substitutes.