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According to the Reaching Beyond Our Borders box, one way Germany is remaining competitive in industrial jobs is
Equilibrium
An equilibrium where demand from the market matches its supply, stabilizing prices as a consequence.
Substitute
A product or service that can be used in place of another to satisfy the same needs or desires.
Margarine
A spread used for flavoring, baking, and cooking, made primarily from vegetable oils as an alternative to butter.
Demand Curve
The demand curve is a graphical representation that shows the relationship between the price of a good or service and the quantity demanded by consumers.
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