The Appellate Body thus considered an examination of the competitive conditions in the market, and, in particular, the cross-price elasticity of demand in that market as a means of establishing whether products are 'directly competitive or
substitutable'.
Moreover, Lee and Staelin (2000) show that a linear demand function involving
substitutable products is indeed consistent with reasonable buyer behavior and market characteristics.
The lowest percentage of undermatching was observed for the butter/margarine combination of
substitutable products (41%).
Nor are they
substitutable.' (46) Shiff, Ergas and Landrigan correctly observe that `[t]o the extent that the judgment suggests that services must be substitutes to be included in a market, the decision is clearly erroneous.' (47) Moreover, the High Court appears to suggest that the proper definition of the market may have been different if `proved commercial perception' had treated the three services as part of the same market.
Thus, we can regard light (+ dissolved inorganic carbon) and bacteria as
substitutable resources and accordingly draw a ZNGI and a consumption vector in a schematic resource plane [ILLUSTRATION FOR FIGURE 1 OMITTED].
If the demand for landfills were estimated as a conventional input demand equation, then it would be possible to statistically test whether landfills are
substitutable with other inputs as well as include the estimated value for [[Sigma].sub.ij] when calculating [[Epsilon].sub.c] from [[Epsilon].sub.d].
* Low priced crude oil made
substitutable virgin rubber and carbon black more cost competitive with reclaim.
The plethora of banks offering money market and mutual fund services indicates how
substitutable many of these accounts are in a consumer's portfolio.
I do suggest that, by biasing hospitals' internal resource allocation decisions in favor of depreciable and/or leasable assets vis-a-vis
substitutable operating expenses, the resulting capital intensity increase reflects not only the greater acuity of the average inpatient, but also the fact that we have continued to reward hospitals that substitute capital for labor and supplies.
Treprostinil Injection is the first fully
substitutable AB rated generic version of Remodulin (treprostinil) Injection sold by United Therapeutics Corporation.
The product, which utilizes the Antares Pharma VIBEX auto injector, has been approved as therapeutically equivalent and fully
substitutable to the EpiPen at the pharmacy.
announced the launch of Vigadrone (vigabatrin) for Oral Solution, 500 mg, a fully
substitutable, AA-rated generic version of Sabril powder for oral solution.
