Examlex
The major rivers in the U.S., including the Colorado and Rio Grande, originate in mountainous regions with significant contributions from snow melt and then cross arid regions before supplying the water needs for several cities in the U.S. and Mexico. Discuss the potential impact of climate change on the water supplies.
Total Utility
The overall satisfaction or utility a consumer derives from consuming a certain quantity of goods or services.
Philosopher-Economist
An individual who contributes to the fields of philosophy and economics, often analyzing the ethical implications of economic theories or decisions.
Jeremy Bentham
A British philosopher, jurist, and social reformer in the 18th century, known as the founder of modern utilitarianism.
Marginal Utility
The further happiness or usefulness a person gets from consuming an additional unit of a product or service.
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