Examlex
Most job search in the U.S. economy takes place with the help of the government.
Marginal Utility
The surplus enjoyment or utility obtained from the consumption of one extra unit of a good or service.
Budget Line
A line that shows the different combinations of two products a consumer can purchase with a specific money income, given the products’ prices.
Marginal Utility
The additional satisfaction or utility a consumer gets from consuming one more unit of a good or service.
Total Utility
The total satisfaction received from consuming a particular quantity of a good or service.
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