Examlex
____ is a highly effective an oxygen-depleting gas used to extinguish all types of fires.
Substitutes
Goods or services that can be used in place of each other, having the ability to satisfy similar needs or desires.
Cross-price Elasticity of Demand
A measure of how the quantity demanded of one good responds to a change in the price of another good.
Quantity Demanded
The specific amount of a good that consumers are willing and able to buy at a given price.
Income Elasticity of Demand
A measure of how much the quantity demanded of a good changes in response to a change in consumers' income.
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