Examlex
Improvisation helps ______.
Marginal Utility
The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.
Budget Constraint
A concept in economics that represents all the combinations of goods and services that a consumer may purchase given current prices and their income level.
Price
The cost of buying a product or service, typically influenced by the balance of supply and demand.
Budget Constraint
The limits imposed on household or individual choices by income, wealth, and product prices, dictating the combination of goods and services that can be purchased.
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