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Marginal Utility Is Total Utility Divided by the Number of Units

question 195

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Marginal utility is total utility divided by the number of units consumed.


Definitions:

Lanugo

Fine, soft hair that covers the body of a fetus, which is usually shed before birth.

Cleavage

A process of cell division in the early embryonic stage that leads to the formation of a multicellular embryo.

Morula

An early stage in embryonic development that follows fertilization, featuring a solid ball of cells resulting from the division of a zygote.

Gametogenesis

The process by which gametes, or sex cells, are formed, involving meiosis and maturation in reproductive organs.

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