Examlex
Which of the following terms indicates the tendency of individuals to spend less effort when working collectively?
Marginal Utility
The increase in satisfaction or utility a consumer experiences from the consumption of one additional unit of a good or service.
Positive Utility
The benefit or satisfaction gained from consuming goods and services, contributing to overall well-being.
Price
The cash amount either expected, obligatory, or presented as a settlement for something.
Coffee
A popular beverage made from roasted and ground bean seeds, known for its stimulating effect due to caffeine.
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