Examlex
One friend sending a message to many friends who in turn send that message to more friends is a phenomenon known as ________.
Expected Utility
A theory in economics that calculates the anticipated utility resulting from different outcomes in risky or uncertain situations.
Utility
(Of a consumer) a measure of the satisfaction derived from consumption of goods and services.
Probability
The measurement of the likelihood of a specific event or outcome occurring.
Insurance Premium
The amount of money that an individual or business must pay for an insurance policy.
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