Examlex
Climate control includes what two systems?
Total Utility
The total satisfaction or benefit a consumer derives from consuming a particular quantity of goods or services.
Utility Schedule
A table showing the different levels of satisfaction or utility that a consumer derives from consuming different amounts of a good or service.
Worth
The value or importance of something, often measured in terms of money or utility.
Marginal Utility
The additional satisfaction or utility received by a consumer from consuming one more unit of a good or service.
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