Examlex
Devon is being treated for anxiety. He is connected to an instrument that records muscle tension. His job is to try to reduce muscle tension. This is an example of:
Utility
A measure in economics of the satisfaction or benefit derived by consuming a product or service.
Total Utility
The total satisfaction or benefit derived by consuming a product or service; it increases as more units are consumed, up to a certain point.
Satisfaction
A measure of how products or services meet or surpass customer expectations.
Consumption
The use of goods and services by households or individuals, typically as it contributes to economic measures like GDP.
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