If you are considering buying either an Apple iPad or a Samsung Galaxy Tab,and you choose the Samsung only because the price is lower,then you consider
A) the iPad and the Galaxy Tab to be complements.
B) the iPad and the Galaxy Tab to be substitutes.
C) the iPad to be a normal good and the Galaxy Tab to be an inferior good.
D) the iPad to be an inferior good and Galaxy Tab to be a normal good.

Question

Quizplus · Accepted Answer

If the price is the only factor being considered, then the iPad and the Galaxy Tab are substitutes. This means that they serve the same function and can be used interchangeably, and a lower price for the Galaxy Tab would make it a more attractive option than the iPad.

If You Are Considering Buying Either an Apple IPad or a Samsung