Radio Frequency Identification Tags Are

question 84

Multiple Choice

Radio frequency identification tags are:

• A)networking systems.
• B)tiny computer chips.
• C)inventory systems.
• D)recognition systems.
• E)bar codes on merchandise.

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Definitions:

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Maximize Utility

The process or goal of obtaining the highest level of satisfaction or benefit from consuming goods and services, given a consumer's limitations, such as income or resources.

Income

The financial gain received by an individual or entity, typically measured over a period of time, deriving from labor, investment, or business ventures.

Marginal Utility

The additional satisfaction or benefit received by consuming one more unit of a good or service.