Examlex
Which of these is an investment base that could be used in ROI and RI calculations?
Substitutes
Products or services that can replace each other in use, where an increase in price of one leads to an increased demand for the other.
Sneakers
Casual footwear designed primarily for sports or other forms of physical exercise, but which are now also widely used for everyday wear.
Hiking Boots
Footwear specifically designed for the activity of hiking, offering support, durability, and protection for the feet.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a specific price level, in a given time period.
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