Examlex

Solved

Describe Spencer's Adaptations and Extensions of the Theory of Evolution

question 1

Essay

Describe Spencer's adaptations and extensions of the theory of evolution.Why was his philosophy,particularly his concept of social Darwinism,so popular in the United States?​


Definitions:

Rational Consumer

A consumer who systematically and logically evaluates available options to maximize their satisfaction or utility in decision-making processes.

Marginal Utility

The surplus enjoyment or utility obtained from the consumption of one extra unit of a good or service.

Budget Line

A line that shows the different combinations of two products a consumer can purchase with a specific money income, given the products’ prices.

Marginal Utility

The additional satisfaction or utility a consumer gets from consuming one more unit of a good or service.

Related Questions