MATCHING Match Each Description with the Item Below

question 46

Multiple Choice

MATCHING
Match each description with the item below.
-Samuel Slater

• A)invented the telegraph
• B)invented the sewing machine
• C)with Boston Associates, formed the Boston Manufacturing Company
• D)wrote "Oh! Susanna"
• E)immigrant piano maker
• F)invented the primitive grain reaper
• G)advocate of free public education
• H)patented a process for vulcanizing rubber
• I)improved the steamboat
• J)used his memory to bring industrial technology from Britain to the United States

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Definitions:

Total Utility

The total satisfaction or benefit derived from consuming a given quantity of goods or services.

Budget

An estimate of income and expenditure for a set period of time, often used by governments, businesses, and individuals to allocate resources.

Utility-maximizing Combination

The selection of goods and/or services that provides the highest utility (satisfaction) for a consumer subject to their income and the prices of the goods/services.

Total Utility

The total satisfaction received from consuming a specific quantity of a good or service.