Examlex
Jake spends countless hours in front of the television. It is likely that
Utility
A measure of satisfaction or pleasure that a consumer receives from consuming goods and services.
Marginal Utility Curve
A graphical representation showing the relationship between the quantity of a good consumed and the marginal utility (satisfaction) derived from it.
Negative
Refers to a detrimental or adverse condition, effect, or impact.
Marginal Utility
The change in satisfaction or utility that a person receives from consuming one additional unit of a good or service.
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