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Substitutes
Two goods for which an increase in the price of one leads to an increase in the quantity demanded of the other.
General Equilibrium Analysis
Simultaneous determination of the prices and quantities in all relevant markets, taking feedback effects into account.
Partial Equilibrium Analysis
Determination of equilibrium prices and quantities in a market independent of effects from other markets.
Movie Theater Tickets
Physical or electronic vouchers that grant the holder the right to enter a movie theater and view a film.
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