Examlex
Time dilation: An astronaut on a spaceship moving at 0.927c says that the trip between two stationary stars took How long does this journey take as measured by someone at rest relative to the two stars?
Total Utility
The overall satisfaction or value a consumer derives from consuming a certain quantity of goods or services.
Total Utility
Full contentment gained from the intake of a particular total volume of a good or service.
Marginal Utility
The additional satisfaction or utility that a consumer experiences from consuming one more unit of a good or service.
Consumer Surplus
The incongruity between the maximum amount consumers are willing and able to pay for a good or service and the actual amount they end up paying.
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