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Term Of The Hour

marginal utility function: Original post by Ryan Menezes of Demand Media One dollar brings a little extra happiness. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/18/54/86527795.jpg?w=700&h=700&keep_ratio=1 Jupiterimages/Comstock/Getty Images Utility describes a consumer's satisfaction or happiness. Economists often find it convenient to measure utility using dollars to describe…

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