Examlex
When using difference estimation, the precision interval is calculated by a statistical formula.
MU/P
The ratio of marginal utility (MU) to price (P), representing the additional satisfaction gained per unit of currency spent.
Less Of
A comparative term indicating a reduced quantity or degree of something.
Marginal Utility
The additional satisfaction or utility that a consumer receives from consuming an additional unit of a good or service.
Money Income
The total amount of monetary earnings or receipts accruing to an individual or household from various sources before any deductions like taxes.
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