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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Answer:Pindarus must decide whether to fight Mark Antony or flee
Answer:
False, not necessarily with a ruling family or ruler. It can be a particular feature or characteristic as well!
Explanation:
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Answer:
about 60 patients
Explanation:
he sees 3 patients every hour