Examlex
Benjamin is overweight. Claudette is obese. Dean is morbidly obese. Which of the following statements is TRUE?
Price of C
The price of "C" refers to the cost or price level of a specific good, service, or commodity denoted as "C."
Marginal Utility
Marginal utility refers to the additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.
Positive
In the context of economics, it can refer to positive statements that are objective and can be tested by looking at the facts.
Negative
Refers to amounts, values, or directions less than zero, often indicating deficit or loss in financial and scientific contexts.
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