substitution effect
noun [ S ]
ECONOMICS, COMMERCE ukusthe effect of a change in the price of a product or service, which encourages customers to buy another product or use another service instead
| 单词 | substitution effect |
| 释义 | substitution effect noun [ S ] ECONOMICS, COMMERCE ukusthe effect of a change in the price of a product or service, which encourages customers to buy another product or use another service instead |
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