Examlex
When a light is directed across the iris of the eye from the temporal side,the examiner is assessing for:
Total Utility
The total satisfaction received from consuming a certain quantity of goods or services.
Consumer Surplus
The difference between the maximum amount a consumer is willing to pay for a good or service and the actual amount they do pay.
Marginal Utility
The additional satisfaction or utility that a consumer receives from having one more unit of a good or service.
Marginal Utility
The additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.
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