Examlex
The U.S.Army encouraged the slaughter of millions of buffalo
Marginal Cost
The heightened cost involved in the production of one additional product or service unit.
Marginal Benefits
The supplementary benefit or enjoyment a person gets by consuming another unit of a good or service.
Rational Choice
The theory in economics and sociology that suggests individuals always make prudent and logical decisions that provide them with the highest amount of personal utility.
Positively Correlated
Describes a relationship between two variables where they move in the same direction, meaning if one variable increases, the other also increases and vice versa.
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