Exercise, Reading, Meditation, and Building Friendships Are All Activities Associated

question 64

Multiple Choice

Exercise, reading, meditation, and building friendships are all activities associated with ______.

• A) habit 6: synergize
• B) habit 3: put first things first
• C) habit 2: begin with the end in mind
• D) habit 7: sharpen the saw

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Definitions:

Economic Efficiency

A situation where resources are allocated in a way that maximizes the net benefit to society.

Market Demand Curve

A graphical representation that shows the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.

Marginal Benefit

The gain in utility or satisfaction derived from the additional consumption of a unit of a good or service.

Marginal Benefit

The enhanced benefit or happiness one achieves by using an extra unit of any good or service.