Examlex
Urea is transported out of the descending loop of Henle to add to the high osmolarity of the medulla.
Salience of Prices
The degree to which the price of a good or service stands out to consumers and influences their purchasing decisions.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.
Law of Diminishing Marginal Utility
The principle that as a person consumes more of a product, the satisfaction (utility) gained from consuming each additional unit decreases.
Diminishing Marginal Utility
is an economic principle stating that as a person increases consumption of a product, there is a decline in the additional satisfaction (utility) that person gains from consuming one more unit of the product.
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