[Solved] Masturbation is an example of all of these EXCEPT A)autoeroticism B)one-person sex C)sexual self-stimulation D)self-abuse Substitution Effect: The substitution effect occurs when consumers replace pricier items with less expensive alternatives as prices rise. Economic Rent: The payment to an owner or factor of production in excess of the costs needed to bring that factor into production, essentially a surplus amount. High Wages: Payment levels to employees that are above the industry average, often due to high skill levels, efficiency, or labor market conditions. Real Wages: Are wages that have been adjusted for inflation, representing the purchasing power of nominal wages.