Sandwiches and Pasta Bowls are substitute products students may buy from other food trucks, kiosks, or campus dining halls.
<h3>What is Substitute products ?</h3>
Substitute products are goods that can be used interchangeably. They have similar features and solve the same problems which makes them alternatives.
A substitute, or substitutable good, in economics and consumer theory refers to a product or service that consumers see as essentially the same or similar-enough to another product. Put simply, a substitute is a good that can be used in place of another.
<u>Types of Substitute Products</u>
There are two types of substitute goods: direct and indirect.
Belonging to any of the groups depends on the degree of correlation between the products. If an item can be easily replaced by another one, it's a direct substitute. It means that this product can solve similar problems. Indirect substitutes imply products that are weakly correlated with each other, still, they can replace the main item.
Therefore, we can conclude that Substitute products are those products which can be used in place of other products. Since Taco fresh is a food item, it's substitute products include sandwiches and pasta bowls among the given options.
Your question is incomplete, but most probably your full question was:
Let's explore some substitute products for Taco Fresh that may affect demand, Identify all substitute products students may buy from other food trucks, kiosks, or campus dining halls:
a. sandwiches
b. iPhone cases
c. pasta bowls
d. El school supplies
e. coffee and tea
Learn more about Substitute Products on:
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