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Which of the following best illustrates a substitute good? Phillipe bought Brand B of diet soda when the price for Brand A increased. Phillipewent to

Which of the following best illustrates a substitute good?

  • Phillipe bought Brand B of diet soda when the price for Brand A increased.
  • Phillipewent to a different store to see if he could find a good price on Brand A.
  • Phillipedecided not to purchase diet soda when the price for Brand A increased.
  • Phillipebought Brand A of diet soda because it was his favorite brand.

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