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275 bytes added ,  22:15, March 7, 2007
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The Substitution Effect is an economic effect which occurs when the price of a good decreases, such that people begin to buy that good instead of its [[substitute]]. For example, if the price of orange juice decreases, you may buy it instead of milk which you used to drink.
Block, SkipCaptcha, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW
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