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Which of the following is true for the relationship between rights and duties?
Consumer Surplus
The gap between the price consumers are prepared to pay for a product or service and the amount they end up spending.
Scented Candles
Candles infused with fragrances intended to release a pleasant aroma when lit, often used for ambience, aromatherapy, or decoration.
Marginal Utility
The incremental pleasure or benefit a person achieves by consuming an additional unit of a good or service.
Total Utility
The total satisfaction or benefit a consumer derives from consuming a particular quantity of goods or services.
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