Examlex
List and briefly identify four of the eight traits that differentiate leaders from non-leaders.
Marginal Utility
The boost in satisfaction or usefulness one gets from consuming an extra unit of any good or service.
Total Utility
The total satisfaction or benefit that a consumer derives from consuming a certain quantity of goods or services.
Marginal Utility
The increase in satisfaction or value derived from the consumption of one more unit of a good or service.
Utility Schedule
A table showing the relationship between quantities of goods consumed and the utility or satisfaction derived from those quantities.
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