Examlex
In the early 1900s,oil became a valuable global resource.In which country did the U.S.and the U.K.first drill?
Soft Drinks
Non-alcoholic beverages that are usually carbonated and contain various flavorings and sweeteners.
Chips
Thin slices of potatoes, vegetables, or other foods, fried or baked until crispy, commonly served as a snack or side dish.
Equal Marginal Principle
The principle stating that optimal allocation occurs when the marginal benefits from allocation of resources to different uses are equalized.
MRS
An abbreviation for Marginal Rate of Substitution, which is the rate at which a consumer is willing to exchange quantities of one good for another while maintaining the same level of utility.
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