Examlex
Statements of desired outcomes are known as
Indifference Curves
Graphical representations used in microeconomics to illustrate different combinations of two goods among which a consumer is indifferent in terms of utility or satisfaction.
Preferences Convex
A characteristic of consumer choices where combinations of goods are preferred over extreme options, illustrating a desire for variety.
Corn Chips
A snack food made from cornmeal fried in oil or baked, often seasoned.
French Fries
Deep-fried potato strips, often served as a side dish or snack, popular in many countries' cuisines.
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