Examlex
Debugging an unstructured program often requires the programmer to look at the entire program in order to make even a simple modification.
Substitution Effect
The economic principle that as prices rise, consumers will replace more expensive items with less costly alternatives.
Income Effect
The change in consumption resulting from a change in real income.
Theory of Consumer Choice
An economic framework describing how consumers make decisions to allocate their resources optimally among various goods and services.
Indifference Curve
A graph representing combinations of goods among which a consumer is indifferent, showing trade-offs between two goods.
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