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If, on the other hand, there are many easily substitutable means of distributing entertainment, then much of the power will rest with whoever owns the content.
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Since, the products are imperfectly substitutable, Full Collusion9 means that the firms maximize their joint profit in each stage.
In neoliberalism, consumers (replacing citizens) are infinitely free but ultimately non-entities--replaceable, substitutable, interchangeable; neoliberal democracy is a democracy of technical means toward material ends, with inviolable paths of transmission.
Nonetheless, this does not mean that gas pricing cannot track oil prices, for to the extent that they are substitutable; the price of one will definitely have the effect on the price of another.
The present study showed a proportionally larger increase in the volumes of dispensed substitutable pharmaceuticals compared with non-substitutable pharmaceuticals, since the introduction of generic substitution.
The present study aims to investigate how the sales patterns for substitutable and non-substitutable pharmaceuticals have developed since the introduction of mandatory generic substitution in Sweden.
A commodity is substitutable.
"Channel 5 is not substitutable long term".
It also implies that they are substitutable.
The private and public sectors are not substitutable: they are interdependent.
One seeks to satisfy our wants or preferences, which are limitless, non-satiable, substitutable and amoral.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com