Examlex
Why did Charlemagne's kingdom disintegrate shortly after his death? How had he managed to hold it together for as long as he had?
Utility Function
A mathematical representation that ranks preferences or satisfaction levels consumers derive from different bundles of goods.
Perfect Substitutes
Products or goods that can replace each other perfectly with no loss of utility to the consumer.
Utility Function
A mathematical representation of a consumer's preference ranking over a set of goods or services, indicating satisfaction levels.
Units Of X
A generic term for measuring quantities of a variable or unspecified item, labeled as 'X'.
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