Examlex
Based on what you know of photosynthesis,what effect would clearcutting of large forests have on the amount of carbon dioxide in the atmosphere?
Marginal Utility
The additional satisfaction or utility received by consuming an additional unit of a good or service.
Marginal Utility
The additional satisfaction or utility that a person receives from consuming one additional unit of a good or service.
Budget Line
A graphical representation of all possible combinations of two goods or services that can be purchased with a given budget.
Absolute Value
The non-negative value of a number without regard to its sign; essentially, it is the distance of a number from zero on the number line.
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