substitutability

Translations

substitutabilitynoun
substitutabilities
pl
The high substitutability of butter with margarine keeps their prices closely linked.
La forte substituabilité du beurre par la margarine maintient leurs prix étroitement liés.
Additional translations
substituabilitéEn économie.

Definitions

substitutabilitynoun
The quality or degree to which one thing can be substituted for another.
The high substitutability of butter with margarine keeps their prices closely linked.
(Economics) The extent to which one good can replace another in consumption or production without loss of utility or efficiency.
Greater substitutability between renewable and non-renewable energy sources would accelerate the transition to a greener economy.