Examlex
A(n) ________ is to bacteria as a ________ is to animal cells.
Substitutes
Products or services that can replace each other in use or consumption, thereby affecting consumer choices and market dynamics.
Product
An item or service that is created through a process and is offered for sale or use.
Luxury Goods
High-end products and services that are perceived to be more prestigious and are usually purchased by individuals with more disposable income.
Price Elastic
Refers to the degree to which the quantity demanded or supplied of a good or service changes in response to a change in its price.
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