Examlex
Which of the following types of radiation has the highest energy?
Marginal Utility
The incremental benefit or satisfaction a buyer obtains from the consumption of one more unit of a good or service.
Law
A system of rules created and enforced through social or governmental institutions to regulate behavior.
Comparative Advantage
A situation in which a person or country can produce a specific product at a lower opportunity cost than some other person or country; the basis for specialization and trade.
Utility-Maximizing
The economic principle that individuals or firms seek to get the greatest satisfaction or profit from their resource choices.
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