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单词 Competitive demand
释义

Competitive demand

英语百科

Substitute good

Substitute good graphical example
Indifference curve for perfect substitutes

In consumer theory, substitute goods or substitutes are products that a consumer perceives as similar or comparable, so that having more of one product makes them desire less of the other product. Formally, X and Y are substitutes if, when the price of X rises, the demand for Y rises.

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更新时间:2025/6/19 17:10:01