TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

substitution effect [1 record]

Record 1 2004-09-15

English

Subject field(s)
  • Laws of the Market (Economy)
DEF

Variation in the quantity demanded of a particular product as a result of a change in the price of another substitute product, the level of income remaining constant.

OBS

substitution effect: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

French

Domaine(s)
  • Lois du marché (Économie)
DEF

Effet du changement du prix relatif d'un produit sur la demande de ce produit, au profit ou aux dépens des produits substituts.

OBS

effet de substitution : terme extrait du CAPITAL Business Dictionary et reproduit avec l'autorisation de LID Editorial Empresarial.

Spanish

Campo(s) temático(s)
  • Leyes del mercado (Economía)
DEF

Variación en la cantidad demandada de un determinado producto como consecuencia de cambio en el precio de otro producto substitutivo, manteniendo constante el nivel de renta.

OBS

efecto sustitución: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.

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