Examlex
Which of the following root word or term means "bone"?
Utility Function
A utility function is a mathematical representation that assigns a level of utility or satisfaction to combinations of goods and services consumed.
Income
Refers to the income earned, either periodically or consistently, from employment or investment ventures.
Utility Function
A mathematical expression that ranks preferences over a set of goods or outcomes, representing satisfaction or happiness derived from consumption.
Consumption
The act of using goods and services to satisfy needs and wants, which is a fundamental component of economics.
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