Examlex
In one experiment,most of the participants who viewed a videotape of men tossing a basketball remained unaware of an umbrella-toting woman sauntering across the screen. This illustrated
Marginal Utility
The further happiness or usefulness a person gets from consuming an additional unit of a product or service.
Total Utility
The total satisfaction received from consuming a particular quantity of goods or services.
Star Wars
A popular science fiction franchise created by George Lucas, comprised of movies, books, comics, and more.
Consumer Surplus
The variance between what consumers are prepared and capable of spending for a product or service compared to the actual amount they end up paying.
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