Which of the following represent substitute goods?
A) Strawberries and cream
B) Strawberries and raspberries
C) Apple pie and custard
D) Jelly and ice cream
Correct Answer:
Verified
Q19: Utility is maximised when:
A) Total utility is
Q20: If the quantity demanded for a good
Q21: What is the price if the quantity
Q22: When consumers switch to cheaper alternative products
Q23: An increase in income is unlikely to
Q24: Marketing campaigns are designed to:
A) Cause a
Q25: Which of the two goods below represent
Q27: Goods which experience a fall in the
Q28: A contraction of demand is associated with:
A)
Q29: A hot summer is likely to cause:
A)
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