In the market for coffee, for many consumers:
A)tea is a substitute.
B)non-dairy creamer is a substitute.
C)cola beverages are complements.
D)coffee mugs are substitutes.

Question

Quizplus · Accepted Answer

Tea is a close substitute for coffee for many consumers, as they both fall under the category of hot beverages and provide a similar caffeine boost. Non-dairy creamer and coffee mugs are not substitutes for coffee but complementary products that are often used together. Cola beverages do not have a direct relationship with coffee and are not complementary or substitute products.

In the Market for Coffee, for Many Consumers