Examlex
A ____ chart displays trends in three dimensions, with values in colored or patterned areas on the surface of the chart.
Marginal Utility
The additional satisfaction or utility that a consumer receives from having one more unit of a good or service.
Marginal Utility
The additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service versus what they actually pay.
Demand Curve
A graphical representation that shows the relationship between the price of a good or service and the quantity demanded by consumers over a period of time.
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