Examlex
Intrinsic motivation is the desire to engage in tasks that the person finds inherently satisfying and enjoyable, novel, or optimally challenging.
Utility
A measure of satisfaction or happiness that consumers derive from consuming goods and services.
Indifference Curves
Graphical representations used in microeconomics to show combinations of two goods that give an individual equal satisfaction and utility.
Budget Constraint
The limitations on the spending decisions of consumers based on their income and the prices of goods and services.
Demand Curve
A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers.
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