Examlex
A plan that insures a large number of persons under the terms of a single policy without requiring medical examinations is called a ________ life insurance policy.
Marginal Utility
The boost in satisfaction from the consumption of an additional item of a good or service.
Total Utility
The overall satisfaction or pleasure a consumer derives from consuming a certain quantity of goods or services.
Marginal Utility
The extra fulfillment or advantage a person gains by consuming an additional unit of a product or service.
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