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A scientist conducts a study to determine the effects of the mineral cadmium on the weight of mice.She adds 5 mcg of the mineral to the daily diet of 100 4-week-old laboratory mice.Every week,the researcher weighs and records the weight of each mouse.At the end of the study,the scientist notes that 3 mice died,40 mice lost weight,40 mice gained weight,and the remaining 17 mice didn't gain or lose weight during the 12-week period.Based on this information,what would you tell the researcher about her findings?
Marginal Utility
The change in satisfaction or utility that an individual gains from consuming an additional unit of a good or service.
Consumer Equilibrium
A state where an individual allocates their income in a way that maximizes their utility, given their budget constraints.
Marginal Utility
The extra pleasure or benefit a consumer receives from using an additional unit of a product or service.
Equilibrium Prices
The price at which the quantity of goods supplied is equal to the quantity of goods demanded.
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