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tatyana61 [14]
3 years ago
13

Maria purchases a premium brand of coffee at the grocery store for $8. Which would be considered a substitute good? a coffee pot

a bottle of coffee creamer a lower-priced brand of coffee a pound of sugar
Social Studies
1 answer:
Dennis_Churaev [7]3 years ago
8 0

A lower-priced brand of coffee would be considered a substitute good

<u>Explanation:</u>

A substitute good, in economics is a goods a customer views as the identical or alike to different goods. Substitutes offer an essential role in the marketplace and are deemed a gain for buyers. It present added choices for purchasers, who are then quite capable to provide their requirements.

They are usually used for the same determination and can provide the demands of customers. If the cost of one good rises, then necessitate for the substitute is expected to grow. Therefore, substitutes have a positive cross elasticity of demand. One of the example of substitute goods is Driving a bike versus driving a automobile.

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when dividing discrete objects among people, what factors affect how much value a person places on all or part of an object?
juin [17]

The factors affect is :- Its monetary worth Its favorable/unfavorable characteristics like color or flavor Its sentiment values Hence, option (b) is the correct answer.

<h3>Is monetary a value?</h3>

Value is the appraised, monetary, or material value of an item, service, or asset. Numerous ideas are associated with the word "value," including shareholder value, company value, selling price, and market value. Valuation is the process of determining and establishing a value on something like a corporation or an asset.

<h3>Do you mean about monetary money?</h3>

The term "monetary" refers to money, particularly the total quantity of dosh in a nation. Several countries tighten their monetary policy to combat inflation.

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The Complete Question : When dividing discrete objects among people, what factors affect how much value a person places on all or part of an object?

(a). Its monetary worth

(b). Its favorable/unfavorable characteristics like color or flavor

(c). Its sentimental value

(d). All of the above

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6 0
3 years ago
Plz help asap due soon will mark crown!!
Andreyy89

Answer:

C

Explanation:

it should be all of them really but c and d are the best options so I would go with c

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