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Use the map (or maps) referenced in each question for your answer. On Map 12.1, note the spread of printing. What areas first adopted the new technology? Where did it spread last, as shown on the map?
Utility Function
A mathematical representation of how consumers derive satisfaction or utility from consuming goods and services.
Goods
Tangible products or items that satisfy human wants or needs.
Budget Constraint
An economic model that represents all the combinations of goods and services that a consumer can afford with a fixed amount of income.
Goods
Physical items that are produced and consumed by individuals or businesses to satisfy needs or wants.
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