Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics The
proposition thattechnological progress thatincreases theefficiency with which aresource is used tends to increase (rather thandecrease ) the rate ofconsumption of that resource.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
Named after English economist William Stanley Jevons.
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