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Graph the equation.
Positive Utility
The benefit or satisfaction gained from consuming goods and services, contributing to overall well-being.
Price
The cash amount either expected, obligatory, or presented as a settlement for something.
Coffee
A popular beverage made from roasted and ground bean seeds, known for its stimulating effect due to caffeine.
Diminishing Marginal Utility
The decline in the additional satisfaction a person derives from consuming one more unit of a good or service.
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