[Solved] Which type of love is thought to involve affection, deep caring, and a commitment to being available for a partner, and contributes significantly to the satisfaction in long-term relationships? A)Erotic B)Passionate C)Companionate D)Romantic Substitution Effect: The substitution effect occurs when consumers replace more expensive items with less costly alternatives, holding utility constant. Price: The amount of money required to purchase a good or service, typically determined by supply and demand dynamics in the market. Claret: A term predominantly used in Britain to refer to red wines from the Bordeaux region of France. Demand Function: A mathematical representation that describes the relationship between the quantity of a good that consumers are willing and able to purchase and its price.