substitution effect उदाहरण वाक्य
उदाहरण वाक्य
- The reduced price alters relative prices in favour of commodity X, known as the substitution effect.
- Any good where the income effect more than compensates for the substitution effect is a Giffen good.
- Then the income effect from the rise in purchasing power from a price fall reinforces the substitution effect.
- There is also a substitution effect.
- It never quite gets to the end of any, thanks to the dynamics of price and substitution effects.
- For example, we can safely make assumptions about demographic shifts and, perhaps, substitution effects for certain new technologies.
- The study dealt namely with two common forces of demand that shaped the market : reinforcement and substitution effects.
- The Income and Substitution effects of a wage increase " The Income and Substitution effects of a wage increase"
- The first term on the right-hand side represents the substitution effect, and the second term represents the income effect.
- A parallel effect will happen for cost saving efficient technologies for producers, where output and substitution effects will occur.