Examlex
Which approach to categorization involves forming a standard representation based on an average of category members that a person has encountered in the past?
Pretzels
A type of baked pastry made from dough that is commonly shaped into a knot or twisted form, often savory or sweetened.
Budget Constraint
The limitation on the consumption bundles that a consumer can afford based on their income and prices of goods.
Good X
A placeholder term used to denote a specific product or commodity in economic models and discussions.
Good Y
A term used in economics to represent a generic second good, often used in theoretical models comparing two different goods.
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