Examlex
An S corporation has stock that is widely held and available for sale to the general public.
Total Utility
The total satisfaction received by a consumer from consuming a particular quantity of goods or services.
Nth Unit
A term referring to the last or latest unit produced or consumed, often used in economics to analyze marginal costs or benefits.
Diminishing Marginal Utility
A principle stating that as a person consumes more of a good, the additional satisfaction gained from consuming an additional unit decreases.
Satisfaction
The satisfaction or quenching of a want, necessity, or craving.
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