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Equivalent variation Uncommon

Origin: Latin suffix -tion

Definition, synonyms and related words

Definitions
Noun
1

The measure of how much money a consumer would pay before a price increase, to avoid the price increase.

Related Terms
Rhyming Words
ion aion tion zion pion sion gion bion fion lion dion cion rion orion obion axion deion trion diion arion
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Equivalent variation vs