substitute goods การใช้
- There are substitute goods too, which are in competition with each other.
- A submodular utility function is characteristic of substitute goods.
- All bidders regard all items as pure substitute goods, so their valuations are unit demand.
- That's a problem because companies say they can't easily substitute goods made in other countries.
- The 1874 invention of root rubber, quickly established it as a substitute good for traditional rubber.
- We should be substituting good fats for bad ones rather than worrying about reducing the total amount of fat.
- In addition, consumers have shifted to substitute goods because they have less money to buy imports, " he said.
- But the standard, 3, 500-pound Vision TSi has a tougher suspension that substitutes good handling for a really soft ride.
- The objects have common values to all bidders but need not be identical, and may be either complement goods or substitute goods.
- Most studies of market structure relax a little their definition of a good, allowing for more flexibility in the identification of substitute goods.
- A complete understanding of the economics underlying the loss of monopoly control over the market requires consideration of other factors of elasticity besides substitute goods.
- Publications : Bowling alleys substitute good design for jukebox appeal, 2 / 52, and $ 100, 000 value for $ 40, 000, 11 / 53, Arch.
- In the time of the crisis in Russia, which also influences Ukraine, ( the EBRD ) will support projects that envisage production of export-oriented commodities and import-substituting goods,
- She also reformed the Danish currency, substituting good silver coins for the old and worthless copper tokens, to the great advantage both of herself and of the state.
- Method study is the principal technique for reducing the work involved, primarily by eliminating unnecessary movement on the part of material or operatives and by substituting good methods for poor ones.
- If prices remain high because increases in supply cannot keep pace with demand, then this also signals other business to provide substitute goods in order to take advantage of profit opportunities.
- Substitute goods consist of two items where " a rise in the price of one causes an increase in demand for the other . " In 1926, Marco Fanno, an Italian economist, demonstrated that elasticity ( and more importantly, stability ) increase with additional substitutes.
- For example, in the event the price of sugar rises by 100 per cent, our expenses will remain the same if we consume only half of what we used to take, " he said, adding that another recourse was to substitute goods which had increased in price with cheaper items.
- Such laissez faire advocates suggest that only a coercive monopoly should be broken up, that is the persistent, exclusive control of a vitally needed resource, good, or service such that the community is at the mercy of the controller, and where there are no suppliers of the same or substitute goods to which the consumer can turn.
- This measure of elasticity is sometimes referred to as the " own-price " elasticity of demand for a good, i . e ., the elasticity of demand with respect to the good's own price, in order to distinguish it from the elasticity of demand for that good with respect to the change in the price of some other good, i . e ., a complementary or substitute good.