Examlex
Most organizations make a conscious effort to shift from a pluralism perspective to one of monoculture.
Perfect Substitutes
Goods or services that can be used in exactly the same way and are interchangeable in consumption or use.
Income Effect
The variation in a person's or an economy's earnings and its effect on the amount of a product or service that is requested.
Substitution Effect
The change in consumption patterns due to a change in the relative prices of goods.
Price
The anticipated sum of money, necessitated, or allocated in payment for something.
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