Goods which are perfect substitute of each other will have rate of substitution

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• Goods which are not perfect substitute of each other but have to be consumed in a fixed ratio will have rate of substitution
• Goods which are perfect substitute of each other will have elasticity of substitution…...
• Tea and Coffee are perfect substitute of each other, given the price of Tea and Coffee being `100 and `200 per Kg. a consumer is prepared to buy 3 Kg. of each. If the price of tea remain same and the price of Coffee rises to `400 per kg. the demand for Tea goes to 6 Kg. and that of Coffee falls to 1Kg. The elasticity of substitution between Tea and Coffee is
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• If two goods are perfect substitutes for one another, the elasticity of substitution will be
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• If two goods are not substitutes at all for one another, the elasticity of substitution will be
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• A goods can be considered inferior goods in economics if increase in disposal income of the consumer causes