Weak Substitute Goods Examples. A simple but very common example of a substitute good is ground beef rather than steak. Colgate crest toothpaste tea coffee.
Items may be weak substitutes in which the two products have a positive but low cross elasticity of demand. Mcdonald s burger king. Refer to substitute good can have a complement each other news as a weak.
Refer to substitute good can have a complement each other news as a weak.
If the price of tea increases it will encourage some people to switch to coffee. Since the use of both goods is directly proportional they have negative cross elasticity of demand. The current costs of the latter good will typically drive demand for the former good. If the price of tea increases it will encourage some people to switch to coffee.
