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21 April, 02:20

Which of the following is the best example of substitute for movie tickets? a. inferior goodsb. jewelryc. takeout pizzad. rentals of on-demand programming

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  1. 21 April, 02:30
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    Rentals of on-demand programming

    Explanation:

    A substitute in economics and consumer theory is a product or service a consumer sees as the same or similar to another product. Put simply, a substitute is a good that can be used in place of another.

    The fact that one of the products is a substitute good for others has immediate economic consequences.

    In this case, rentals of movies can replaced the movie tickets.
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