Examlex
When Luke decides that he wants to end his relationship with his girlfriend, he starts to show the irritation that he feels and ignores her, which he knows she hates. Luke is practicing ________.
Total Utility
The entire pleasure derived from using a certain aggregate quantity of a good or service.
Consumer Surplus
The difference between the maximum price consumers are willing to pay for a good or service and the actual price they do pay.
Marginal Utility
The additional satisfaction or utility gained from consuming one more unit of a good or service.
Total Utility
The total satisfaction received from consuming a certain amount of goods or services.
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