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Why does a person continue to breathe heavily after prolonged activity?
Revealed Preference Theory
An economic theory proposing that individuals' preferences can be deduced from their purchasing habits and choices, rather than through their words or responses to surveys.
Debit Card
A payment card that deducts money directly from a consumer’s checking account to pay for a purchase.
Marginal Utility
The additional satisfaction or benefit gained from consuming one more unit of a good or service.
Indifference Curve
A graphical representation showing combinations of goods among which a consumer is indifferent, indicating the same level of utility or satisfaction.
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