Examlex
The greenhouse effect is the gradual increase in the world's temperature.
Indifference Curve
A graph representing combinations of goods among which a consumer is indifferent, reflecting preferences.
Combinations
In mathematics and statistics, combinations refer to the selection of items from a group, where the order of selection does not matter.
Total Utility
The overall satisfaction or pleasure a person derives from consuming a certain quantity of goods or services.
Marginal Utilities
The increased enjoyment or benefit obtained by a user from the consumption of one more unit of a good or service.
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