substitution effect
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English
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Synonyms
price mechanismincome elasticity of demandcross elasticity of demandmarginal rate of substitutionprice elasticity of supplyprice elasticity of demandmarginal propensity to consumedemandconsumer choicecost-of-production theory of valuelaw of demandderived demandprice signallaw of supplydemand curveeffective demand
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