Examlex
Which of the following statements is true of activity theory?
Price Ratio
The relative price of one good or service compared to another, often indicating how many units of one good can be exchanged for one unit of another.
Price
The monetary value anticipated, needed, or dispensed for acquiring something.
Utility Increases
A situation where the satisfaction or benefit derived from consuming goods or services rises.
Diminishing Marginal Utility
The principle that as more of a good or service is consumed, the additional satisfaction or utility gained from consuming an additional unit decreases.
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