The following items are either substitute goods or complementary goods for cars - Leaving Cert Economics - Question 5 - 2018
Question 5
The following items are either substitute goods or complementary goods for cars. From the list below, identify which items are substitute goods for cars and which ar... show full transcript
Worked Solution & Example Answer:The following items are either substitute goods or complementary goods for cars - Leaving Cert Economics - Question 5 - 2018
Step 1
Substitute goods
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Answer
In this context, substitute goods are those that can replace the need for a car. Among the options provided, both 'BUS' and 'TRAIN' function as alternative means of transport, making them substitute goods for cars.
Step 2
Complementary goods
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Answer
Complementary goods are those that are used in conjunction with cars. 'WINDSCREEN WIPERS' are essential accessories for vehicle maintenance, thus qualifying as complementary goods for cars. 'DIESEL' is also considered a complementary good, as it is a necessary fuel for diesel vehicles.
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