Examlex
Serum potassium levels are usually determined before surgery to
Cross Elasticity
The responsiveness of the demand for one good to a change in the price of another good.
Coefficient
A numerical or constant quantity placed before and multiplying the variable in an algebraic expression.
Substitutes
Goods or services that can be used in place of each other, where an increase in price of one leads to an increase in demand for the other.
Cross Elasticity
A measure in economics that shows how the quantity demanded for one good responds to a change in the price of another good.
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