Examlex
High-involvement shoppers gather information in all channels,purchasing in a low-cost channel,but taking advantage of customer support from a high-touch channel.
Marginal Utility
The augmented joy or usefulness a shopper obtains by buying an extra unit of a commodity or service.
Utility Maximization
The economic principle that individuals seek to allocate their resources in a way that maximizes their satisfaction or utility.
Consumption
The spending on goods and services by households or individuals.
Marginal Utility
The supplementary satisfaction or benefit obtained from using an additional unit of a product or service.
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