Examlex
The term "proximodistal" is most consistent with which of the following?
Substitution Effect
The alteration in buying habits caused by shifts in relative prices, prompting consumers to swap out higher-priced goods for more affordable options.
Output Effect
The change in total revenue resulting from selling more units of a product, potentially influenced by changes in price or quantity produced.
Substitute Resource
Alternative resources or inputs that can be used in place of another in the production process to produce a similar type of output.
Productivity
The efficiency with which input resources are converted into outputs, often measured as the ratio of output to input in a given time period.
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