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A cylindrical region of radius R contains a uniform magnetic field, parallel to its axis, with magnitude that is changing linearly with time. If r is the radial distance from the cylinder axis, the magnitude of the induced electric field inside the cylinder is proportional to:
Substitution Effect
The alteration in purchasing behavior caused by variations in the relative costs of products, prompting buyers to opt for less expensive alternatives over pricier ones.
Price Change
An adjustment in the cost of a good or service in the market, which can be an increase or decrease due to various factors.
Income
The remuneration accrued, notably in a recurrent manner, from labor or the investment of resources.
Substitution Effect
The economic principle that as prices rise or income decreases, consumers will replace more expensive items with less costly alternatives.
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