Which of the following pairs represents substitute goods ........

Which of the following pairs represents substitute goods ?

Car and petrol

Coffee and tea

Bread and butter

All of the above

- Option 1: Car and petrol

- Cars and petrol are not substitutes; they are complements. You need petrol to use a car.

- Option 2: Coffee and tea

- Coffee and tea are substitutes. If the price of coffee goes up, people might choose tea instead, and vice versa.

- Option 3: Bread and butter

- Bread and butter are complements, not substitutes. They often go together in a meal.

- Option 4: All of the above

- This is incorrect. Only coffee and tea are substitute goods among the options listed.

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