Examlex
When a bank collects a note on behalf of a company, the bank is likely to issue a debit memo.
Marginal Utility
The additional satisfaction or benefit gained from consuming one more unit of a good or service.
Consumption Bundle
A combination of goods and services that a consumer chooses to consume at a given time.
Budget Constraint
The limit on the consumption patterns of an individual or household based on their income and the prices of goods and services.
Feasible
Capable of being done or achieved; possible within a set of constraints or conditions.
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