单词 | joint demand |
释义 | joint demandDefinition Characteristic of certain products (such as cars and tires, bread and butter, toothpaste and toothbrushes) which are used together and where a change in the demand for one causes a similar change in the demand for the other. While the quantity demanded of both will increase or decrease together, their prices may change at a different rate depending on the availability of substitutes. |
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