TERMIUM Plus®

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REGLE SUBSTITUTION [1 record]

Record 1 1981-01-08

English

Subject field(s)
  • Economic Doctrines, Systems and Policies
OBS

If the price of one factor, like labor, rises while other factor-prices remain fixed, it will generally pay the firm to produce its same 9 outputs by substituting, for the factor now becomes dearer, more of the remaining factors.

French

Domaine(s)
  • Doctrines, systèmes et politiques économiques

Spanish

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