Examlex
Match each term with its explanation or definition.
-uses the mobile receptor model to function
Crop Insurance
Insurance that farmers can purchase that will pay out if crop selling prices or crop revenues fall below predetermined values.
Consumer Surplus
The disparity between the total consumers intend and can afford to pay for a good or service versus what they actually spend.
Consumer Utility
The measure of satisfaction or happiness that consumers obtain from consuming goods and services.
Consumption Expenditures
Spending by households on goods and services, excluding purchases of new housing.
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