Examlex
How many different substituents are required on a carbon atom for it to be chiral?
Theory of Consumer Choice
An economic framework describing how consumers make decisions to allocate their resources optimally among various goods and services.
Indifference Curve
A graph representing combinations of goods among which a consumer is indifferent, showing trade-offs between two goods.
Budget Line
A graphical representation of all possible combinations of two goods that can be purchased with a given budget and prices.
Substitution Effect
The substitution effect describes the change in consumption patterns due to a change in relative prices, leading consumers to substitute a product for a cheaper alternative.
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