substitution effect
常见例句
- That’s not a paradox, because rising wages have an income as well as a substitution effect.
这不是悖论,是因为工资增长有收入效应还有替代效应。 - Then the paper shows that the substitution effect of price variance can't be determined if only partial Marshallian demand functions are given.
说明了仅给出部份马歇尔需求函数的条件下,价格变化的替代效应是无法确定的。 - However, the latter effect may be negative via the substitution effect as, with a delay, imports may substitute for domestically produced goods.
但是,当由于延误而可能用进口替代国产品的时候,后者影响通过替代效应却可以是消极的。
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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