Examlex
The chimpanzee Sultan used a short stick to pull a longer stick that was out of reach into his cage. He then used the longer stick to reach a piece of fruit. Researchers hypothesized that Sultan's discovery of the solution to his problem was the result of
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a given time period.
Curds
A dairy product obtained by coagulating milk in a cheese-making process, known for their mild flavor and soft texture.
Whey
A by-product of cheese production, consisting of the liquid remaining after milk has been curdled and strained; rich in protein and used in dietary supplements and food products.
Utility Function
This represents how consumer preferences can be quantified based on different levels of consumption of various goods and services.
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