Which of the Following Is Not a Good Example of a Substitute

question 1

Multiple Choice

Which of the following is not a good example of a substitute product that triggers stronger competitive pressures?

• A)Lyft or Uber as a substitute for rental cars
• B)Airbnb as a substitute for hotels and motels
• C)Dasani water as a substitute for Aquafina water
• D)Smartphones as substitutes for film cameras
• E)Netflix and Amazon streaming video on demand as a substitute for DVD players

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Definitions:

Barter

An economic system or method of exchange where goods or services are directly exchanged for other goods or services without the use of money.

Hostile Trade

A trade practice where nations or entities engage in aggressive economic competition, often involving tariffs, sanctions, or other restrictive actions.

Conspicuous Consumption

A showy display of wealth for social prestige.

Trickle-Down Redistribution

An economic theory suggesting that benefits provided to the wealthy or upper economic classes will eventually "trickle down" to benefit poorer members of society.