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Identify the different laws and rules used to disenfranchise African Americans in the South at the end of Reconstruction. How did southern states justify these forms of discrimination despite the protections guaranteed African Americans in the Fourteenth and Fifteenth Amendments?
Total Utility
Total utility is the total satisfaction or benefit a consumer receives from consuming a particular quantity of goods or services.
Diminishing Marginal Utility
The decrease in satisfaction or utility that a person derives from consuming each additional unit of a good or service.
Demand Curves
A graphical representation that shows the relationship between the price of a product and the quantity of the product that consumers are willing and able to purchase at various prices.
Marginal Utility
The extra value or satisfaction garnered by a consumer with the acquisition of one more unit of a good or service.
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