Examlex
Assuming the monopolist shown in the graph adjusts output to maximize profits,it is
Marginal Utility
The additional satisfaction or utility that a person receives from consuming one more unit of a good or service.
Total Utility
The overall satisfaction or value that a consumer derives from consuming a certain quantity of goods or services.
Units
In economics, a quantifiable measure used to express the quantity of goods or services.
Satisfaction
A measure of how goods and services supplied by a company meet or surpass customer expectation.
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