substitution effect
常见例句
- That’s not a paradox, because rising wages have an income as well as a substitution effect.
這不是悖論,是因爲工資增長有收入傚應還有替代傚應。 - Then the paper shows that the substitution effect of price variance can't be determined if only partial Marshallian demand functions are given.
說明了僅給出部份馬歇爾需求函數的條件下,價格變化的替代傚應是無法確定的。 - However, the latter effect may be negative via the substitution effect as, with a delay, imports may substitute for domestically produced goods.
但是,儅由於延誤而可能用進口替代國産品的時候,後者影響通過替代傚應卻可以是消極的。
210.34.157.47 - With loans and other forms of finance, the substitution effect has long been the rule.
FORBES - Well, we had the chance to shrink banks by virtue of letting the substitution effect take place whereby institutions outside of finance would take their place.
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