Examlex
What is quantitative easing? How does it differ from qualitative easing?
Marginal Utility
The surplus satisfaction or advantage gained upon consuming an incremental unit of a good or service.
Total Utility
The total satisfaction or benefit that a consumer receives from consuming a certain quantity of a good or service.
Utility Schedule
A table showing the level of satisfaction or utility that a consumer derives from different quantities of a good or service.
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