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As an Audio Editor, Emma Observes That Most of the Audio

question 4

Multiple Choice

As an audio editor, Emma observes that most of the audio files are extremely large in size. Emma should utilize a _____ to reduce the size of an audio file, while maintaining enough quality to play the audio file on a computer.


Definitions:

Total Utility

The entire pleasure derived from using a certain aggregate quantity of a good or service.

Consumer Surplus

The difference between the maximum price consumers are willing to pay for a good or service and the actual price they do pay.

Marginal Utility

The additional satisfaction or utility gained from consuming one more unit of a good or service.

Total Utility

The total satisfaction received from consuming a certain amount of goods or services.

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