perfect substitutes

What Are 2 Good That Can Be Considered Substitutes?

by

What Are 2 Good That Can Be Considered Substitutes? An example of substitute goods is Coca-Cola and Pepsi; the interchangeable aspect of these goods is due to the similarity of the purpose they serve, i.e fulfilling customers’ desire for a soft drink. How do you know if two goods are substitutes? We determine whether goods