Examlex
Which of the following occurs first during an action potential?
Utils
A hypothetical unit of measurement used in economics to quantify the level of utility or satisfaction gained from consuming goods and services.
Sensitivity
The degree to which something is affected by changes in external factors, often used in contexts like financial analyses, project planning, or scientific measurements.
Marginal Utility
This concept describes the additional satisfaction or utility a consumer receives from consuming one more unit of a good or service.
Total Utility
The complete satisfaction or benefit a consumer receives from consuming a certain amount of goods or services.
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