Examlex
Match each definition with the correct word part below.
-Nat/o
Marginal Utility
The change in satisfaction or utility received by consuming one additional unit of a good or service.
Limited Usefulness
Refers to the notion that a tool, resource, or piece of information is only beneficial or applicable in certain situations or to a certain extent.
Optimal Quantity
The amount of a good or service that maximizes the net benefit to an individual or society, often considering factors like cost and utility.
Utility-maximizing Consumer
An economic concept where consumers aim to get the greatest utility or satisfaction from their purchases given their budget constraints.
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