Examlex
To remember the three American states that come together at a single point (Colorado, Arizona, New Mexico, and Utah) , Marcia remembers "CANU" (pronounced like "canoe") .Marcia's technique illustrates the use of:
Value in Exchange
The worth of a good or service in comparison to other goods or services in the context of trade or commerce.
Marginal Utility
The extra pleasure or advantage gained from using an additional unit of a product or service.
Dozen Oysters
A quantity of twelve oysters, often used as a standard unit of sale in seafood markets.
Total Utility
The total satisfaction received from consuming a particular amount of goods or services.
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