Examlex
The peripheral nervous system is made up of the ____________________ nervous system, which controls muscles, and the ____________________ nervous system, which controls the organs.
Budget Constraint
The limitations on the consumption choices of an individual or family due to limited financial resources.
Product Alpha
A term often used to define the first version or iteration of a product, typically before it is released to the general public for feedback.
Marginal Utility
The additional satisfaction or utility that a person receives from consuming one more unit of a good or service.
Utility-Maximizing Rule
An economic principle stating that consumers allocate their income to purchase the combination of goods and services that maximizes their utility.
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