Examlex
Which of the following is an example of what equity theory refers to as an external comparison?
Marginal Rate
The rate of change in cost or benefit resulting from a particular increase in volume or activity.
Consumption
The use of goods and services by households, which is a primary component in calculating a country's gross domestic product (GDP).
Marginal Utilities
The additional satisfaction or utility gained from consuming one more unit of a good or service.
Consumption Bundle
A combination of various goods and services that an individual consumes over a given period.
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