Examlex
A lexical definition gives the commonly understood meaning of a term.
Apples
Commonly refers to the edible fruit produced by an apple tree, used in various cuisines worldwide.
Bananas
A long, curved fruit with a yellow skin and soft, sweet, white flesh inside, commonly eaten as a snack or used in culinary dishes.
Utility Function
A mathematical representation that quantifies the satisfaction or happiness an individual derives from consuming goods and services.
Budget Constraint
A budget constraint represents the limits imposed on household choices by income, wealth, and commodity prices.
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