Examlex
The rate at which the body burns calories when it is at rest is called the __________.
Marginal Utility
The added gratification or usefulness experienced by a buyer when they consume an additional unit of a good or service.
Utility Maximization
The economic principle that individuals or firms strive to get the greatest satisfaction or benefit from their available resources.
Marginal Utility
The enhanced gratification or value a customer derives from consuming another unit of a good or service.
Utility Equilibrium
A state in consumer theory where a consumer efficiently allocates their income to maximize their total utility.
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