Examlex
Which of the following is the second step in the scientific method?
Utility Function
A representation of how individual preferences are ranked for different bundles of goods.
Income
The financial gain earned or received by an individual, household, or entity, typically measured on a monthly or yearly basis through wages, dividends, or other earnings.
Price
The financial cost of acquiring a good, service, or asset.
Apples
Edible fruits from the species Malus domestica, known for their sweet to tart flavor and use in a variety of culinary dishes and products.
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