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Discuss the strategy undertaken by American forces in the Pacific theater, and explain how that strategy carried America to victory over Japan in the Second World War.
Marginal Utility
The additional satisfaction or utility that a person receives from consuming one additional unit of a good or service.
Budget Line
A graphical representation of all possible combinations of two goods or services that can be purchased with a given budget.
Absolute Value
The non-negative value of a number without regard to its sign; essentially, it is the distance of a number from zero on the number line.
Slope
The measure of the steepness or incline of a line, representing the rate at which variables change relative to each other, often used in contexts like graphing economic functions.
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