Which of the following pairs of goods would be most likely to be substitutes?
A) pasta and pasta sauce
B) olive oil and vegetable oil
C) chips and salsa
D) tires and automobiles
E) all of the above

Question

Quizplus · Accepted Answer

Substitutes are goods that can be used in place of one another. Olive oil and vegetable oil can both be used for similar cooking purposes, making them substitutes. The other pairs listed are more complementary goods, meaning they are used together rather than in place of one another.

Which of the Following Pairs of Goods Would Be Most