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Diffusion of responsibility:
Utility Function
A mathematical representation of how a consumer's preferences over a set of goods and services translates into an assessment of the utility or satisfaction derived from each bundle of consumption.
Indifference Curve
A graph representing different combinations of two goods that provide a consumer with the same level of satisfaction or utility.
Apples
Edible fruits produced by an apple tree, characterized by a sweet flavor and crisp texture, often consumed raw or used in a variety of culinary dishes.
Bananas
A long curved fruit that grows in clusters and has soft pulpy flesh and yellow skin when ripe.
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