Examlex
If a projectile is fired straight up at a speed of 10 m/s,neglecting air resistance,the total time to return to its starting position is
Marginal Utility
The additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.
Competitive Equilibrium Price Ratio
The ratio of prices that ensures the equality of supply and demand in a competitive market, often used to observe relative price changes between commodities.
Utility Function
A mathematical representation expressing an individual's preference ordering over a set of goods or services, used in economics to model decision making under uncertainty.
Min
Often short for "minimum," it represents the smallest or least possible amount or degree of a certain quantity or measure.
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