_____ Is a New Religion with Few Followers, Whose Teachings

question 39

Multiple Choice

_____ is a new religion with few followers, whose teachings and practices put it at odds with the dominant culture and religion.

• A) sect
• B) ecclesia
• C) church
• D) cult

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Definitions:

Total Utility

In economics, the total satisfaction received from consuming a particular quantity of goods or services.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually pay.

Marginal Utility

The increased happiness a buyer experiences by consuming an extra unit of a product or service.

Consumer Surplus

Consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay, measuring consumer satisfaction.