Liberalism and Conservatism Are Examples of

question 37

Multiple Choice

Liberalism and conservatism are examples of

• A)public opinions.
• B)political attitudes.
• C)political ideologies.
• D)political preferences.

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Definitions:

Utility Schedule

A table showing the level of satisfaction or utility that a consumer derives from different quantities of a good or service.

Marginal Utility

The increased happiness or advantage derived from the consumption of one extra piece of a good or service.

Total Utility

The full pleasure gained by using a particular volume of goods or services.

Marginal Utility

The increased enjoyment or advantage gained by a consumer from acquiring one more unit of a particular good or service.