Examlex
What concept signifies the actual competence and performance of older adults?
Marginal Utility
The additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.
Total Utility
The total satisfaction received by consuming a certain amount of goods or services.
Marginal Utility
The additional satisfaction or utility gained from consuming one more unit of a good or service.
Total Utility
The overall satisfaction or benefit a person receives from consuming a particular quantity of goods or services.
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