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What is the oxidation state of nitrogen in nitrate?
Marginal Utility
The augmented joy or usefulness a shopper obtains by buying an extra unit of a commodity or service.
Utility Maximization
The economic principle that individuals seek to allocate their resources in a way that maximizes their satisfaction or utility.
Consumption
The spending on goods and services by households or individuals.
Marginal Utility
The supplementary satisfaction or benefit obtained from using an additional unit of a product or service.
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