Substitute Goods Examples. Below is a list of some common substitute goods. Similarly prices of iphone and galaxy s affect their mutual demand.
Hence they make a. Example if the price of the daily mail increases 10 the demand for the financial times may only increase by 1. Tea and coffee bus taxi and car bananas and apples and oranges airplane and train amazon kindle books and paper books butter and margarine beer and wine mcdonald s and burger king.
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The price of pepsi for example has a direct correlation on the demand for coke. These two newspapers are weak substitutes. 3 android and. Coke and pepsi mcdonald s and burger king hamburgers or crest and colgate toothpastes are examples of substitute goods.