Which of the following is an example of a potential substitute product?
A)salsa for ketchup
B)ink cartridges for printers
C)socks for shoes
D)iTunes for iPods
E)furniture for apartments

Question

Quizplus · Accepted Answer

Salsa is a potential substitute product for ketchup, as both are condiments used to enhance the flavor of food. Consumers may switch from ketchup to salsa if they prefer the taste or if they are looking for a healthier alternative. In contrast, the other options listed do not serve as direct substitutes for each other; ink cartridges are necessary to continue using a printer, socks are not a substitute for shoes, iTunes is a platform to purchase and download music that is compatible with iPods, and furniture is a necessity for living spaces while apartments are the physical spaces in which people live.

Which of the Following Is an Example of a Potential