Examlex
What are some negative consequences of charismatic leaders?
Total Utility
The total satisfaction or benefit that a consumer receives from consuming a particular quantity of goods or services.
Indifference Analysis
An economic tool used to analyze and understand consumer preferences, showing combinations of goods between which a consumer is indifferent.
Numerically Measurable
Quantifiable or able to be expressed in numerical terms and measured.
Convex
A shape where a line drawn between any two points on the structure will lie outside it, often used in economics to describe preference curves.
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