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When, in late 1865, the former Confederate states were permitted once again to elect members of Congress, whom did they elect?
Optimal Utility Rule
A principle in consumer theory stating that consumers allocate their income in a way that maximizes their total utility, given their budget constraint.
Indifference Curve
A graph representing combinations of goods or services among which a consumer is indifferent, showing the same level of utility for each point along the curve.
Utility Level
An assessment of contentment or joy obtained by a customer from using products and services.
Oreos
A brand of popular sandwich cookies consisting of two chocolate wafers with a sweet cream filling.
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