Examlex
A(n) ____ is an approximate representation or simulation of a system.
Utility Function
A mathematical representation of how individuals rank preferences or choices from highest to lowest.
Equal Amounts
Identical quantities or measures of something, having the same value or size.
Utility Function
A representation of a consumer's preferences, indicating the level of satisfaction derived from various bundles of goods and services.
Units of X
Specific measures or quantities of a given variable or product X.
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