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substitution effect · Vinony

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EntityQ372251· pop 13· linked from 129 articles

substitution effect

effect that the relative price change of a good has on the quantity of the good demanded by a consumer

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Connections

consumer choice

Categories

Consumer theory

Sources

wikipedia.externallinksexternallink

via Wikidata sitelinks · CC0

tea

Entity

digital object identifier

Vilfredo Pareto

John Richard Hicks

indifference curve

budget constraint

Slutsky equation

income–consumption curve

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What links here129 pages

economic profit

expected utility hypothesis

institutional economics

dynamic stochastic general equilibrium

income elasticity of demand

Value and Capital

partial equilibrium

economies of scale

Free price system

marginal rate of substitution

Backward bending supply curve of labour