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The processes of intramembranous and endochondral ossification are similar in several respects.Which of the following statements applies to both intramembranous and endochondral ossification?
Consumer Surplus
The discrepancy between the amount consumers are prepared to pay for a product or service and the actual price they pay.
Utility
A measure of satisfaction, usefulness or value that a consumer receives from any good or service.
Utility
In economics, the total satisfaction received from consuming a good or service.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service and what they actually pay.
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