An example of a substitute good for steak is:
A) hamburger.
B) cereal.
C) cake.
D) jelly beans.

Name: An example of a substitute good for steak is: A) hamburger. B) cereal. C) cake. D) jelly beans.
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Question

Quizplus · Accepted Answer

Hamburger is considered a substitute good for steak because both are beef products and can satisfy a similar need for a meat-based meal, making them interchangeable to some extent for consumers looking for a meat option.

An Example of a Substitute Good for Steak Is