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Match the Term with the Definition

question 28

Multiple Choice

Match the term with the definition.
-The hills and mountains of the South whose higher elevation, colder climate, rugged terrain, and poor transportation made the region less hospitable than the flatlands to slavery and large plantations.


Definitions:

Marginal Utility

The extra pleasure a customer receives from consuming an additional unit of a product or service.

Total Utility

The total satisfaction received by consuming a particular amount of goods or services.

Utility

The total satisfaction received from consuming a good or service.

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