substitutability

[US]/ˌsəbstə,tjutə'biləti/
Frequency: Very High

Translation

n. substitutability; interchangeability

Example Sentences

The substitutability of the two products makes them suitable for each other.

In economics, substitutability refers to the ability of one good or service to be replaced by another.

The substitutability of different types of energy sources is an important consideration in sustainable development.

Consumers may choose one brand over another based on the substitutability of the products.

The substitutability of labor and capital affects the production process in many industries.

Technological advancements can increase the substitutability of human labor with machines.

The substitutability of raw materials in manufacturing can impact the cost and quality of the final product.

The substitutability of online shopping for traditional retail stores has been a growing trend.

The concept of substitutability plays a key role in decision-making processes for businesses.

Government policies can influence the substitutability of certain goods or services in the market.

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