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Which of the following is the best example of substitute for movie tickets?a. inferior goodsb. jewelryc. takeout pizzad. rentals of on-demand programming

User Zajonc
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2 Answers

3 votes

Answer:

rentals of on-demand programming is the answer.

Step-by-step explanation:

User EternalHour
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5 votes

Answer:

Rentals of on-demand programming

Step-by-step explanation:

A substitute in economics and consumer theory is a product or service a consumer sees as the same or similar to another product. Put simply, a substitute is a good that can be used in place of another.

The fact that one of the products is a substitute good for others has immediate economic consequences.

In this case, rentals of movies can replaced the movie tickets.

User David Guida
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