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"That said, hawalas are even less perfect substitutes for banks," he said.
All of those characteristics make them as perfect substitutes for traditional desiccant liquids.
The demand curve for copies of a given book is, we assume, negatively sloped because there are good but not perfect substitutes for a given book.
Smartphones and tablets, while not perfect substitutes for PCs, are pulling dollars out of consumers' wallets that might have otherwise gone to laptop or desktop computers.
The biggest reason for this is that foreign-born workers turn out not to be perfect substitutes for American workers, which means that the two groups don't often compete in the same job markets.
For instance, it assumes that undocumented immigrants without a high school diploma are perfect substitutes for American workers without a high school diploma, an implausible proposition on language grounds alone.
Similar(45)
It would make a perfect substitute for muck-spreading.
After all, a dollar bill is a perfect substitute for a zero-interest Treasury security.
The copy may be of inferior quality, and hence not a perfect substitute for the original.
We further demonstrate that two monies are a perfect substitute for record-keeping.
For one thing, these are in-kind benefits — health care is not a perfect substitute for other spending.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com