Examlex
________ involves restructuring the environment to avoid situations that evoke a target behavior.
Individual Demands
The demand for goods and services by an individual consumer, based on their preferences, income, and prices.
Marginal Utility
The additional satisfaction or value a consumer gains from consuming one more unit of a good or service.
Economic Good
A product or service that has value and can be sold in a market because it is scarce in relation to demand.
Substitution Effect
That part of an increase (decrease) in amount consumed that is the result of a good being cheaper (more expensive) in relation to other goods because of a reduction (increase) in price.
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