Examlex
Which of the following represents a vector quantity?
Voters
Individuals who have the legal right and are registered to vote in elections to choose representatives or make decisions on public issues.
Utility Function
An equation that quantifies the satisfaction or utility that a consumer derives from consuming a set of goods and services, enabling analysis of consumer choices.
Consumption
The employment of products and services by individual consumers or households.
Utility Function
A mathematical representation expressing a consumer's preference ranking system for different bundles of goods, measuring satisfaction derived from consumption.
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