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An ancient building was known to have been built 4000 years ago.Approximately what proportion of Carbon-14 atoms are still in the building's wooden framing compared to the number which were present at the time of its construction? (half life of 14C = 5730 years)
Income
Funds acquired regularly as a result of work or investment ventures.
Utility Function
Represents a consumer's preferences in a way that the utility or satisfaction they get from various goods or services can be measured and compared.
Budget Constraint
A limitation on the consumption choices of individuals or households, based on their income and the prices of goods and services.
Income
Income is the amount of money or goods received, typically within a certain period, in exchange for labor, goods sold, or investment.
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