Examlex
Identifying a single gene has been compared to searching for someone when all you know is that the person lives somewhere in Toronto.
Indifference Schedule
A graphical representation in economics showing different bundles of goods between which a consumer is indifferent.
Willingness
The readiness of a person to engage in a particular action, especially in terms of purchasing goods or services.
Marginal Utility
The additional utility received from consuming one more unit of a good or service.
Total Utility
The complete happiness or advantage gained from using a specific amount of products or services.
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