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Charles Darwin's influence was not limited to science, but extended to social theory as well.How were Darwin's ideas translated into social theory, and what movements in European political and economic life were they used to support?
Cross Elasticity
A metric showing how demand for a particular good is affected by changes in the pricing of another good.
DVD Players
Electronic devices designed to play discs in the DVD format, capable of producing both sound and video from digital optical disc storage.
Income Elasticity
A measure of how much the demand for a product or service changes relative to a change in consumers' income levels.
Normal Good
A good for which demand increases as the income of consumers increases and decreases as the income of consumers decreases.
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