Matching: Please Match the Term, Thinker, And/or Text with Its

question 25

Multiple Choice

Matching: Please match the term, thinker, and/or text with its complement or correspondent , by placing the appropriate identification letter/number in the space provided. (You may use answers more than once.)
-____ cycle of work-and-spend

• A) Hierarchy of Needs
• B) Leisure class
• C) Conspicuous consumption
• D) Vicarious consumption
• E) Positional goods
• F) Treadmill of consumption
• G) Marshal Sahlins
• H) Thorstein Veblen
• I) Mahatma Gandhi
• J) Hau

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Definitions:

Equal-Elevation Lines

Contour lines on a map representing points of equal elevation above a reference level, typically sea level.

Total Utility

refers to the total satisfaction gained from consuming a particular quantity of goods or services.

Marginal Utility

Marginal utility is the additional satisfaction or benefit (utility) a consumer derives from purchasing one more unit of a good or service.

Difference

A term that refers to the disparity or distinction between two or more elements, items, or phenomena.