Examlex
Timothy was painting a picture of a jet on a runway; however,in his painting the sides of the runway are parallel to each other.Timothy's picture will seem to lack depth because he has failed to make use of the monocular depth cue of
Consumer Surplus
The gap observed between the consumer's desired price for a good or service and the price that is actually paid.
Marginal Benefit
The extra benefit or pleasure that someone receives from using an additional unit of a specific good or service.
Marginal Cost
The increase in cost resulting from the production of one additional unit of a good or service.
Marginal Benefit
The extra utility or satisfaction that is derived from the consumption or manufacture of one more unit of a good or service.
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