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A commitment to listening respectfully while exercising curiosity and humility when talking about race has also been called
Marginal Rate
Refers to the rate at which one quantity changes with respect to a change in another quantity, commonly used in the context of taxes and interest rates.
Substitution Effect
The change in consumption of goods in response to a change in their relative prices, holding the consumer's level of utility constant.
Total Utility
The total satisfaction or benefit that a person derives from consuming a certain quantity of goods or services.
Budget Line
A graphical representation of all possible combinations of two goods that a consumer can purchase at given prices and within a fixed budget.
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