| 单词 | elasticity of substitution |
| 释义 | elasticity of substitution From Longman Business DictionaryEconomicselasticity of substitutionelasˌticity of substiˈtution noun [uncountable] ECONOMICS the degree to which one INPUT can be replaced by another. For example, in producing goods, if the cost of wages increases and the cost of machinery and capital used to pay for it stays the same, it may be possible to increase the amount of machinery used and so decrease the amount of wages paid |
| 随便看 |
|
英语词典包含170365条英英释义在线翻译词条，基本涵盖了全部常用单词的英英翻译及用法，是英语学习的有利工具。