Examlex
What is a prototype? What types of prototypes may be used, and for what purposes?
Income
The income earned, particularly consistently, from employment or investment returns.
Ordinal Utility
A concept in economics that describes how consumers rank different bundles of goods, reflecting preferences in terms of order rather than quantifiable satisfaction.
Cardinal Utility
A concept in economics that assumes utility can be measured in absolute numbers, allowing for quantifiable comparisons between satisfaction levels.
Market Baskets
A set of consumer products or services used to track price changes and inflation over time.
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