Examples of 'substitute goods' in a sentence
Meaning of "substitute goods"
substitute goods - Refers to products or items that can be used as alternatives or replacements for each other
How to use "substitute goods" in a sentence
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substitute goods
Substitute goods are also known as competing goods.
The danger posed by substitute goods or services.
A submodular utility function is characteristic of substitute goods.
Demand for substitute goods will increase.
It is characteristic of items that are pure substitute goods.
Prices of substitute goods do not change.
There must be a lack of close substitute goods.
Substitute goods are goods used instead of one another.
Relation between two substitute goods.
These are substitute goods which can be produced.
Or reduce demand by offering substitute goods.
Substitute goods for coffee.
The two commoditites are substitute goods.
Substitute goods and.
This occurs when there is a presence of substitute goods.
See also
The availability of substitute goods affects the demand elasticity of goods or services.
Changes in the prices of substitute goods.
Examples of substitute goods include margarine and butter, tea and coffee.
In some cases it is possible to supply substitute goods and services.
No substitute goods, a monopoly sells a good for which there is no close substitute.
The consumer regards the goods as perfect substitute goods.
To the costs of procurement of substitute goods or services, lost profits, or lost.
This is about markets with a large amount of substitute goods.
Examples of substitute goods.
Given these conditions the buyer is entitled to require delivery of substitute goods.
Eventually the buyer had to purchase substitute goods from another supplier.
Prizes for successful innovation to resolve the coordination problem in the innovation of substitute goods.
The cost of procurement of substitute goods or services ; or.
As a simple example, beef and chicken can be reasonably thought of as substitute goods.
The cost of procuring substitute goods and services ;.
Damages may not be recovered under article 76 if the aggrieved party has purchased substitute goods.
Furthermore he states that substitute goods have a positive cross-price elasticity of demand.
For instance, tea and coffee are substitute goods.
The definition includes both substitute goods and independent goods, and only rules out complementary goods.
Py = Price of substitute goods.
Procurement of substitute goods or services ; loss of use, data, or profits ; or.
Complementary goods vs. Substitute goods vs. Independent goods.
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Examples of using Substitute
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A blood substitute is a solution but not a cure
And ingenuity is never a substitute for intelligence
Never substitute a heavier or lighter wire rope
