Examlex
Cyclical redundancy check is one of the most popular polynomial error-checking schemes.
Marginal Utility
An increase in utility or pleasure from consuming one more unit of a particular good or service.
Essential Water
The minimum amount of water required for basic human needs and sustainable living.
Nonessential Diamonds
Diamonds categorized as luxury items, not required for basic living or survival needs.
Diamond-water Paradox
The contradiction observed in value theory where essential goods like water have low prices, while non-essential goods like diamonds have high prices.
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