Related goods

From ZuluNotes - Free Leaving Cert Notes

Related goods
This is an Economics definition
It is found mainly in the Demand and Supply section
Level H/O

Related goods are those goods that can be manufactured in the place of other goods, Eg Newbridge Silverware jewellery was first made when manufacture of silver cutlery became unprofitable. Wooden chairs can be made instead of wooden tables.

Who Added These Notes?

Nerdnoc90

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