60
QuizMultiple Choice

Introduction to Macroeconomics

Question 60 • TX-Economics CR

Maria purchases a premium brand of coffee at the grocery store for $8. Which would be considered a substitute good?

Answer
A
a coffee pot
B
a bottle of coffee creamer
C
a lower-priced brand of coffee
D
a pound of sugar

Explanation

A substitute good can be used in place of another good to meet the same need. A lower-priced brand of coffee can replace the premium coffee Maria bought, while sugar, a coffee pot, and creamer are different products that may be used with coffee.

AI-written and checked against the verified answer.

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