Examlex
In which of the following testers are you likely to find a battery?
Marginal Utility
The additional satisfaction or utility gained from consuming an additional unit of a good or service.
Utility Per Dollar
Represents the amount of satisfaction or pleasure received per unit of expenditure.
Good
A tangible or intangible product that can satisfy a need or desire, and is transferable from one person to another.
Budget Constraint
The limits imposed on household choices by income, wealth, and product prices.
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