Examlex
Sternberg defines successful intelligence as using one's abilities skillfully to achieve one's personal goals.
Marginal Satisfaction
The change in satisfaction or utility that a consumer experiences from consuming an additional unit of a good or service.
Utility-Maximizing
The economic principle that consumers choose combinations of goods and services to maximize their satisfaction or utility under budget constraints.
Economic Theory
A set of principles and models that explain how economic agents interact and how economies function.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.
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