Examlex
NOTE to instructors: These need to be case sensitive. The questions should not be scrambled into random order.
Instructions to Students: Make any necessary corrections to the sentences below. This exercise is case-sensitive, so you must use capital letters where necessary.
-With the move, the company's Manufacturing Division will hire a new Director, based in New Brunswick.
Shift
In economic contexts, this term often refers to a movement or change in the position of a supply or demand curve in response to various factors.
Slope
In mathematics, the measure of the steepness or incline of a line, typically described as the ratio of the rise over the run.
Substitution Effect
The economic principle that describes how consumers react to changes in price by replacing more expensive items with less costly alternatives.
Oranges
A citrus fruit known for its sweet taste and high vitamin C content, often consumed fresh, juiced, or used in cooking and baking.
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