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If one homogenizes liver cells, separates the membranes from the cytoplasm, and then adds epinephrine to only the cytoplasmic portion,
Perfect Complements
Goods that are consumed together in fixed proportions to fulfill a specific utility.
Convex Preferences
A set of consumer preferences that exhibit a specific property where mixtures of goods are preferred over singular extremes, displaying a curve outward towards the origin on a utility graph.
Weakly Convex
Describes a curve or set in geometry and mathematical functions that bulges outward less sharply than a perfectly convex shape, often applied in optimization problems.
Convex Preferences
A representation in economics of a consumer preference structure where a mix or combination of two goods is preferred over either of the two goods alone, indicating a desire for diversification.
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