Examlex
A once-common species of butterfly has disappeared from a region of California over the past 50 years.The butterfly's gradual disappearance is correlated with a significant rise in average annual temperature and a significant decline in average annual rainfall.This suggests that the butterfly's disappearance is due to a change in
Income-Consumption Curve
A graphical representation showing how a consumer's optimal consumption changes in response to changes in income, holding prices constant.
Demand Curve
A graphical representation showing the relationship between the price of a good and the quantity demanded for it.
Downward-Sloping
A term used to describe a line or curve on a graph that moves from the upper left to the lower right, often associated with the demand curve in economics.
Complements
Goods and services that are used together, where the consumption or use of one increases the demand for the other.
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