In this example,composite wood furniture would be an example of
A) substitutes.
B) rivals.
C) new entrants.
D) complementors.

Question

Quizplus · Accepted Answer

Composite wood furniture can be considered a substitute for traditional solid wood furniture. Customers who are looking for the aesthetic qualities of wood furniture may choose composite wood furniture as a cheaper or more environmentally friendly alternative.

In This Example,composite Wood Furniture Would Be an Example of