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Substitutes查看　Substitutes　在百度字典中的解释百度英翻中〔查看〕
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  • Substitute good - Wikipedia
    Within-category substitutes are goods that are members of the same taxonomic category such as goods sharing common attributes (e g , chocolate, chairs, station wagons) Cross-category substitutes are goods that are members of different taxonomic categories but can satisfy the same goal A person who wants chocolate but cannot acquire it, for
  • How Consumers Choose Substitutes - Investopedia
    Substitutes occur when at least two products can be used for the same purpose, such as an iPhone vs an Android phone For a product to be a substitute for another, it must share a particular
  • SUBSTITUTE | English meaning - Cambridge Dictionary
    SUBSTITUTE definition: 1 to use something or someone instead of another thing or person: 2 to perform the same job as… Learn more
  • What are substitute goods? Definition and examples - Market Business News
    Substitute Goods or Substitutes are at least two products that could be used for the same purpose by the same consumers If the price of one of the products rises or falls, then demand for the substitute goods or substitute good (if there is just one other) is likely to increase or decline The other products – the substitutes – have a
  • Substitute Definition Examples - Quickonomics
    For consumers, substitutes offer options for satisfying their needs and desires at different price points By having substitutes available, consumers can make choices based on their preferences and budget For producers, understanding the availability and demand for substitutes is crucial for market analysis and strategy
  • 20 Examples of Substitute Goods Affected by Price Changes
    These products are close substitutes, which means an increase in price for one could cause an increase in demand for the other 18 Milkshakes and smoothies Milkshakes and smoothies are blended drinks that people often consume as treats A milkshake is typically a cold drink made with milk, ice cream and sweet flavorings like fruit
  • substitute noun - Definition, pictures, pronunciation and usage notes . . .
    a person or thing that you use or have instead of the one you normally use or have a meat substitute; a substitute family; substitute for somebody something Paul's father only saw him as a substitute for his dead brother ; The course teaches you the theory but there's no substitute for practical experience ; The local bus service was a poor substitute for their car
  • Substitutes - (Principles of Economics) - Vocab, Definition . . . - Fiveable
    Substitutes are products or services that can be used in place of one another to satisfy a similar need or desire The concept of substitutes is crucial in understanding how changes in the market can impact the equilibrium price and quantity, as well as the price elasticity of demand and supply





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