Examlex
The proportion of the head to the rest of the body is greater in an infant than in an adult.
Substitute Resources
Alternative products or services that can replace each other in use, offering consumers choices and influencing supply and demand dynamics in markets.
Employment of Land
The use of land resources for productive or economic activities, including farming, building, or conservation efforts.
Substitution Effect
The economic principle that as the price of one good increases, consumers will replace it with a cheaper alternative, assuming the utility derived remains unchanged.
Output Effect
The effect that changes in the price level have on the quantity of goods and services supplied, due to the real balances of money.
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