Examlex
Which of the following is a Facebook feature that allows app developers to integrate their apps into the Facebook pages of users who sign up for the app?
Marginal Benefit
The extra value or enjoyment gained by using one more unit of a certain good or service.
Marginal Cost
This term describes the expense associated with manufacturing an additional unit of a particular item, crucial for understanding economies of scale and pricing.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.
Equilibrium Price
The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, resulting in no excess supply or demand.
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