Examlex
Define "school of thought" and discuss it in terms of Thomas Kuhn's concept of paradigms in scientific evolution.
Marginal Utility
The additional satisfaction or benefit that a consumer derives from consuming an additional unit of a good or service.
Equilibrium
A state where supply and demand balance, and as a result, prices become stable.
Unit Price
The cost assigned to a single unit of a product or service, facilitating price comparisons among similar products based on per unit costs.
Marginal Utility
The additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.
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