Examlex
Which of the following are samples in which each element of the population or universe) has an equal probability of being selected?
Diminishing Marginal Utility
The principle that as a consumer consumes more of a good, the additional satisfaction gained from each additional unit decreases.
Staples
Basic or essential goods and services that are consumed regularly by individuals or businesses.
Paper Clips
Paper clips are small pieces of bent wire or plastic used for holding sheets of paper together.
Marginal Utility
The additional satisfaction or utility that a person receives from consuming one additional unit of a good or service.
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