Examlex
Which of the following are abbreviations that are pronounced as words and consist of initials or syllable components of other words?
Total Utility
The total satisfaction or benefit received by consuming a particular quantity of a good or service.
Price Ratio
The relative price of one good or service compared to another, often indicating how many units of one good can be exchanged for one unit of another.
Price
The monetary value anticipated, needed, or dispensed for acquiring something.
Utility Increases
A situation where the satisfaction or benefit derived from consuming goods or services rises.
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