Examlex
Most of the functions of plasma membranes are carried out by
Substitution Effect
Refers to consumers’ ability to substitute other products for the focal brand, thus increasing the price elasticity of demand for the focal brand.
Cross-Price Elasticity
A measure of how the demand for one product changes in response to a price change of another product.
Toothpaste
A gel or paste used with a toothbrush to clean and maintain the aesthetics and health of teeth, often containing fluoride to prevent dental cavities.
Complementary Product
A product that adds value to another product when used together, enhancing the overall user experience.
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