The Vector Is

question 26

Multiple Choice

The vector is:

• A)greater than in magnitude
• B)less than in magnitude
• C)in the same direction as
• D)in the direction opposite to
• E)perpendicular to

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Definitions:

Utility

In economics, it refers to the total satisfaction received from consuming a good or service.

Consumption

The act of using goods and services for personal needs or wants, including the process by which these goods and services are acquired.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting a desire, expectation, or goal.

Marginal Utility

The additional satisfaction or benefit received by consuming one more unit of a good or service.