Examlex
Which is the final product of a series of reactions starting with ethyl benzoate and reacting with 1) aqueous sulfuric acid and heat, 2) thionyl chloride, and 3) ethylamine?
Consumption
The use of goods and services by households, contributing to their satisfaction and utility.
WARP
An abbreviation for the Weak Axiom of Revealed Preference, a concept in economics that relates consumer choice to their preferences.
Bundle
A combination of goods or services that is considered together as a single composite good.
Laspeyres Price Index
An index used to measure the change in the cost of purchasing a fixed basket of goods and services over time, using the prices from the base period as weights.
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