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Computers Can Create What-If Scenarios or ________ of What Would

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Computers can create what-if scenarios or ________ of what would happen to an infectious disease if something else happened (e.g., if air travel increased/decreased or the temperature rose or fell; if there was an adequate supply of antiviral drugs, if a vaccine existed or did not exist) .


Definitions:

Marginal Utility

The change in total utility a person receives from consuming one additional unit of a good or service.

Change in Total Utility

The difference in the overall satisfaction a consumer receives before and after the consumption of an additional unit of a good or service.

Consuming One More Unit

The action or decision of using up an additional unit of a good or service and its impact, often related to marginal utility.

Budget Line

A graphical representation that shows all possible combinations of two goods that an individual can afford given their income and the prices of the goods.

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