Examlex
What term could be used to describe Coca-Cola's acquisition of a water-treatment and bottling plant so it could produce and market Dasani brand bottled water?
Derived Demand
The demand for a factor of production or intermediate good that occurs as a result of demand for the final good or service.
Labor
The use of human physical and intellectual labor in the creation of products and services.
Capital
Refers to financial assets or the financial value of assets, such as cash and goods, used in a business to generate wealth through investment or production.
Substitution Effect
The change in consumption patterns due to a price change that makes one good more economically attractive than its alternatives.
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