availability of substitute

USAGE SUMMARY

The phrase "availability of substitute" is correct and usable in written English.
It can be used in contexts discussing economics, market competition, or product options where alternatives are available. Example: "The availability of substitutes for this product can significantly affect its market price and demand."

✓ Grammatically correct

Wikipedia

The New York Times

Marine Policy

BMC Health Services Research

BioMed Research International

Hong Kong Physiotherapy Journal

Health Economics Review

Vice

Ecosystem Services

Progress in Biomaterials

Sports Medicine - Open

Huffington Post

Clinical Toxicology

BMJ Open

Environmental Health Perspectives

British Medical Journal

BioMed Research International

BMC Health Services Research

Huffington Post

BioMed Research International

BioMed Research International

American Journal of Tropical Medicine and Hygiene

ClinicoEconomics and Outcomes Research

BMC Health Services Research

BMC Public Health

British Medical Journal

BMC Public Health

The New Yorker

BioMed Research International

Renewable and Sustainable Energy Reviews

Plosone

Construction and Building Materials

BioMed Research International

The New York Times - Food

The Guardian - Lifestyle

The Guardian

The New York Times - Health

The New York Times

The New York Times

The New York Times - Food

Forbes

Forbes

BBC

Journal of Investigative Dermatology

Forbes

Forbes

Forbes

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

A number of factors can thus affect the elasticity of demand for a good: ; Availability of substitute goods: The more and closer the substitutes available, the higher the elasticity is likely to be, as people can easily switch from one good to another if an even minor price change is made; There is a strong substitution effect.

Wikipedia

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

I believe airlines also underestimate the elasticity of demand -- in this case the availability of substitutes for cramped, stressful flights.

The New York Times

The impact of the likely production decrease will depend, among other factors, on the availability of substitutes, being their identification the main object of this research.

Marine Policy

The availability of substitutes for salt in local markets was similarly viewed as a facilitator.

BMC Health Services Research

The availability of substitutes displaying equivalent anatomical, physiological, and biomechanical properties compared to normal human larynxes would provide the right, complex architecture, and dynamics for normal voice production and sphincter action.

BioMed Research International

In general, the major barrier to the use of the modality was nonavailability of UV therapy machine (66.1%) followed by availability of a substitute treatment modality (13.5%).

Hong Kong Physiotherapy Journal

The supply of care to Medicare beneficiaries depends on the availability of both substitute and complementary resources, and the level of demand from people with other types of insurance coverage.

Health Economics Review

Theyr Stiem'reweanedn Burma is suppoffed in part by theroinand Contoil for the Arts.

Vice

Other infrastructure contributed positively or negatively to tourism demand depending on contextual factors like site remoteness and the availability of recreation substitutes.

Ecosystem Services

In the biomaterial market, the most recent advance is the availability of polymeric substitutes that are incorporated with drug and antimicrobial agents to enhance the healing or regeneration processes.

Progress in Biomaterials

Factors impacting football players' self-reporting, or under-reporting, of concussion include the importance of a particular match, an eagerness to return to play for big games, the possibility of being prevented from playing and the availability of quality substitutes [15].

Sports Medicine - Open

Expert writing Tips

Best practice

When discussing market elasticity, explicitly state which product or service has the "availability of substitute" to clarify the analysis.

Common error

Avoid using the phrase "availability of substitute" without clearly identifying what the substitute is for. Always provide context to ensure clarity.

Linguistic Context

The phrase "availability of substitute" functions as a noun phrase, indicating the degree to which an alternative is accessible or obtainable. It frequently appears in discussions about economics, science, and healthcare, as evidenced by the examples provided by Ludwig.

Expression frequency: Very common

Frequent in

Science

45%

News & Media

35%

Formal & Business

20%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the phrase "availability of substitute" is a grammatically correct and frequently used expression, particularly in scientific, news, and business contexts. It denotes the extent to which an alternative is accessible. Ludwig AI confirms its usability in written English, suggesting alternatives like "existence of an alternative" or "access to a substitute" for variety. When using the phrase, ensure you clearly define what the substitute refers to for clarity. The most common sources are The New York Times, The Guardian, Forbes, BBC, and Huffington Post. It is crucial to avoid ambiguity by specifying the context in which the substitute is relevant.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

access to a substitute

Emphasizes the ability to obtain or use a substitute.

supply of alternatives

Focuses on the amount or quantity of substitutes available.

existence of an alternative

Focuses on the simple existence rather than the accessibility of a substitute.

alternative's accessibility

Focuses specifically on how easily the alternative can be obtained.

existence of comparable

Highlights the existence of comparable option.

presence of a replacement

Highlights the existence of a replacement, implying functionality.

option of a replacement

Highlights the choice or possibility of using a replacement.

substitute's obtainability

Emphasizes the ability to acquire a substitute.

opportunity for substitution

Shifts the focus to the potential or possibility of using a substitute.

provision of a surrogate

Highlights the action of providing a substitute, often in a formal setting.

FAQs

How does the "availability of substitute" affect market demand?

The greater the "existence of an alternative", the more elastic the demand, as consumers can easily switch if prices rise.

What is an example of a product with high "availability of substitute"?

Generic medications often have a high "availability of substitute" because multiple brands offer the same active ingredients.

How does the "availability of substitute" impact pricing strategies?

When there's a high "availability of substitute", companies must be more competitive in pricing to retain customers.

What can I say instead of "availability of substitute"?

Consider using phrases like "access to a substitute", "existence of an alternative", or "opportunity for substitution", depending on the context.