Examlex
The reaction to being startled and the increase in blood pressure and other physiological responses is known as
Utility Function
A mathematical representation of how individual preferences or consumption bundles yield levels of satisfaction or utility.
Budget Constraint
A representation of all the combinations of goods and services a consumer can afford to buy given their income and the prices of the goods.
Income
Regular payments or earnings received from labor or investments.
Nuts
Edible seeds enclosed in a hard shell, often used in the context of food and nutrition.
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