Answer:
The correct solution to either the following question seems to be Option E (Coca-Cola as a substitute for Pepsi
).
Explanation:
- A substitute product seems to be a product of some other sector that offers integrated values to the customer as the commodity manufactured by organizations in the same organization.
- These goods are alternatives because they meet identical market requirements and have substantial demand elasticity. Of example, the price of Pepsi seems to have a strong connection with the market of Coke.
Other possibilities aren't related to something like the scenario in question. And the latter reaction is the correct one.