Search results
Results from the WOW.Com Content Network
The broader the definition of a good, the easier it is for the good to have a substitute good. On the other hand, a good narrowly defined will be likely to not have a substitute good. For example, different types of cereal generally are substitutes for each other, but Rice Krispies cereal, which is a very narrowly defined good as compared to ...
Cross elasticity of demand of product B with respect to product A (η BA): = / / = > implies two goods are substitutes.Consumers purchase more B when the price of A increases. Example: the cross elasticity of demand of butter with respect to margarine is 0.81, so 1% increase in the price of margarine will increase the demand for butter by 0.81
"Substitute" is a song by the English rock band the Who, written by Pete Townshend. Released in March 1966, the single reached number five in the UK and was later included on the compilation album Meaty Beaty Big and Bouncy in 1971. [4] In 2006, Pitchfork ranked "Substitute" at number 91 on the "200 Greatest Songs of the 1960s". [5]
The substitution effect is the change that would occur if the consumer were required to remain on the original indifference curve; this is the move from A to B. The income effect is the simultaneous move from B to C that occurs because the lower price of one good in fact allows movement to a higher indifference curve.
Substitute (cricket) Substitute good, in economics, a good that can be used instead of another; Ersatz good, in economics, a substitute good, inferior in quality; Substitute character, on keyboards, a control character used in the place of another character; Substitute natural gas; Substitute teacher, a temporary replacement in a teacher's absence
A pronoun substitutes a noun or a noun phrase, with or without a determiner: it, this. A prop-word: one, as in "the blue one" A pro-adjective substitutes an adjective or a phrase that functions as an adjective: so as in "It is less so than we had expected." A pro-adverb substitutes an adverb or a phrase that functions as an adverb: how or this way.
When a concussion substitute is used, no change will be made to the maximum number of substitutions permitted by the opposing team. Protocol B. Each team is permitted to use a maximum of two concussion substitutes during a match. When a concussion substitute is used, the opposing team has the option of using an additional substitute for any reason.
In cryptography, a substitution cipher is a method of encrypting in which units of plaintext are replaced with the ciphertext, in a defined manner, with the help of a key; the "units" may be single letters (the most common), pairs of letters, triplets of letters, mixtures of the above, and so forth.