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The basic air conditioning system is made up of which four components?
Utility Function
A mathematical representation in economics that reflects the satisfaction or utility a consumer derives from consuming a certain quantity of goods and services.
Income
Income earned, particularly in a consistent manner, from employment or investment returns.
Price
The amount of money expected, required, or given in payment for something.
Commodity X
A placeholder name for a generic commodity or product in economic models or discussions.
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