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Utility Refers to the Amount of Satisfaction a Person Gets

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Utility refers to the amount of satisfaction a person gets from buying certain items.


Definitions:

Lookup Properties

Features in databases or spreadsheets that allow users to find specific data by defining search criteria or conditions.

Text Box

A graphical user interface element where users can input text data in forms, documents, or any other interface that requires textual input.

Cognitive Restructuring

A psychological technique that involves identifying and challenging negative thought patterns to reshape cognitions in a more positive light.

Empirical Evidence

Information acquired by observation or experimentation that is used to validate theories or hypotheses.

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