Examlex
What wired channel,commonly used for cable TV,consists of an insulated copper wire wrapped in a solid or braided shield placed in an external cover?
Perfect Complements
Goods that are consumed together in fixed proportions, where the value or utility of one good increases with the consumption of the other.
Income Effect
The change in an individual's or economy's income and how that change will impact the quantity demanded of a good or service.
Substitution Effect
The alteration in purchasing habits stemming from a shift in the relative cost of products, causing individuals to replace one item with another.
Price Change
A variation in the cost of a good or service over time or in response to supply and demand dynamics.
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