Examlex
What prenatal technique uses high-frequency waves to examine the characteristics of the fetus in-utero?
Upward Pressure
A situation in which there is an increase in prices or demand in the economy or a specific market.
Cattle
Large domesticated herbivores that are raised primarily for meat (beef), milk, and hides, playing a significant role in agricultural economies.
Substitution Effect
The change in consumption that results from a change in the relative price of goods, leading consumers to substitute one product for another.
Output Effect
Refers to the impact on the output level of a firm when it changes the price of its product, often analyzed in the context of monopolistic competition and oligopolies.
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