Examlex
Mindfulness is a relaxation-based technique that::
Marginal Rate
The amount by which a quantity changes with respect to a change in another quantity, often used in the context of taxes or productivity.
Utility Function
Formula that assigns a level of utility to individual market baskets.
Corner Solution
Situation in which the marginal rate of substitution of one good for another in a chosen market basket is not equal to the slope of the budget line.
MRS (Marginal Rate Of Substitution)
The rate at which a consumer is willing to substitute one good for another while maintaining the same level of satisfaction.
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