An economist would likely consider tea as a substitute for coffee. Both are beverages that people consume for similar purposes, such as enjoyment and caffeine intake. Donuts and sugar are typically complementary items that people might enjoy with coffee rather than substitutes. Water is a staple drink, but it's not a substitute for coffee in the context of a caffeinated beverage choice.
Which would an economist consider a likely substitute for coffee?
Group of answer choices
Donuts
Sugar
Water
Tea
1 answer