This relationship can be described as an early exploration that creates an established foothold in new territory. It is based on human-machine interactions.
<h3>What is Extended Reality?</h3>
Extended Reality refers to all real-and-virtual combined environments capable of enhancing natural senses.
Extended Reality includes different tools such as virtual reality, mixed reality, holograms, etc.
Extended reality is based on human-machine interactions, which are primarily generated by using diverse computer technologies.
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Answer:
The cost of production and using more efficient resources
The switching from old gas guzzlers to more fuel-efficient cars is an example of substitution effect.
Substitution effect is the switching of customer from a more expensive product to a cheaper product. This is usually because of an increase in price or a decrease in the customers income.
Substitution effect can be positive for consumers if they can continue to by the products they like. Also, this effect can be negative for consumers if it results in fewer choices of that product or products of lower quality.
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