substitution

Definition

Related Terms

Replacement item offered as an alternative to, and represented as being equivalent to, an originally specified item.

moral hazard

novation

subrogation

prix fixe

strategic trade...

satisfaction

brand insistenc...

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Popular 'Economics, Politics, & Society' Terms

immediate family

dislocated worker

business

globalization

marginal benefit

revenue

product

Mentioned in These Terms

toxic chemical use substitution

marginal rate of substitution

elasticity of technical substitution

import substitution industrialization (ISI)

substitution effect

technological substitution

elasticity of substitution

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