Examlex
The secretion of vasopressin increases if the extracellular fluid becomes hypertonic.
Consumption
The use of goods and services by households or individuals for personal satisfaction or needs.
Interest Rate
A cost, depicted as a proportion of the borrowed sum, which a lender demands from a borrower in exchange for asset usage.
Rational Behavior
A theory in economics suggesting that individuals make decisions based on maximizing utility and firms aim to maximize profits.
Smooth Convex Preferences
Preferences characterized by continuous and consistently increasing utility, indicating a reasoned and balanced choice pattern.
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