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What is the substitute econ definition and how does it impact consumer behavior in the market?
A substitute in economics refers to a product that can be used as an alternative to another product. When substitutes are available in the market, consumers have more options to choose from. This can impact consumer behavior by influencing their purchasing decisions based on factors such as price, quality, and availability of substitutes. Consumers may switch to a substitute product if it offers better value or meets their needs more effectively. This competition among substitutes can lead to lower prices and increased innovation in the market.
Explain the six determinants that will change shift the demand curve?
Consumer income Consumer taste Substitutes Compliments Change in expectation Number of consumer
What is the definition of coax?
To coax is to convince someone slowly or through compliments to do something.
When was Econ Engineering created?
Econ Engineering was created in 1959.
What is Econ Engineering's population?
The population of Econ Engineering is 120.
How tall is Brandon Econ?
Brandon Econ is 5' 9 1/2".
When was Econ Journal Watch created?
Econ Journal Watch was created in 2004.
When turning on the heat what does econ mean?
"Econ" is short for "economy." In terms of heating, this most likely means that "econ" improves efficiency and conserves more resources.
What are the econ job market rumors going around?
You can find out about the econ job market rumors on the official Econ Job Market website, or you can just research more information on the econ job market rumors.
Why is the U.S. sometimes considered a modified free enterprise economy?
because econ is gay!!!! because econ is gay!!!!
What has the author Hans Kasper written?
Hans Kasper has written: 'Die Econ-Story' -- subject(s): Econ Verlag
Does green compliments purple?
No. Green compliments red, and purple compliments yellow.
