Examlex
Which of the following best describes a gas?
Substitution
The economic principle describing how consumers or producers switch between goods or resources as relative prices or availability change.
Quart
A unit of liquid volume equal to two pints, approximately 0.946 liters in the United States.
Pound
A unit of currency used in the United Kingdom and other areas, or a unit of weight equal to 16 ounces.
Convex Preferences
Consumer preferences that signify a desire for diversified bundles of goods, represented by convex-shaped indifference curves.
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