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<p>that   is a gross substitute for .</p>

<p>Two goods are <b>net substitutes</b> when the demand for good X increases when the price of good Y increases and the utility derived from the substitute remains constant.</p>

<p>Goods  and  are said to be net substitutes if <br/>
:</p>

<p>That is, goods are net substitutes if they are substitutes for each other under a constant utility function. Net substitutability has the desirable property that, unlike gross substitutability, it is symmetric:</p>

<p>
:</p>

<p>That is, if good  is a net substitute</p><p>
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