Examlex
Which of the following refers to wireless systems provided by earth-bound stations like cell phone towers?
Utility Function
A mathematical expression that represents a consumer's preference ranking over a set of goods and services.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period of time.
Income
The total money received by an individual or household from various sources like wages, investments, and benefits, over a specific period.
Utility Function
A mathematical representation that describes how the total utility of a consumer depends on the consumption of various goods and services.
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