The substitution effect. Due to the price of good x increasing, the budget line has pivoted from B1 to B2 and the consumption point has moved. Definition of Substitution effect: If utility held constant, as the price of the good increases, consumers substitute other, now relatively cheaper goods for that one.
Pottery is the ceramic material which makes up potterywares, of which major types include earthenware, stoneware and porcelain.The place where such wares are made is also called a pottery (plural potteries).Pottery also refers to the art or craft of a potter or the manufacture of pottery. A dictionary definition is simply objects of fired clays.he earliest forms of pottery were made from clays that were fired at low temperatures in pit-fires or in open bonfires. They were hand formed and undecorated. Because the biscuit form of earthenware is porous, it has limited utility for storage of liquids.
A ceramic is an inorganic, nonmetallic solid material comprising metal, nonmetal or metalloid atoms primarily held in ionic and covalent bonds. The crystallinity of ceramic materials ranges from highly oriented to semi-crystalline, and often completely amorphous (e.g., glasses). ceramic material is an inorganic, non-metallic, often crystalline oxide, nitride or carbide material. Some elements, such as carbon or silicon, may be considered ceramics. Ceramic materials are brittle, hard, strong in compression, weak in shearing and tension.