Examlex
Environmental problems result when social costs and benefits are different from private costs and benefits.
Conjoint Analysis
A statistical technique in market research to determine how consumers value different attributes that make up a product or service.
Utility
The total satisfaction received from consuming a good or service, often used in economics to explain choices made by individuals.
Idea Generation
The creative process of generating, developing, and communicating new ideas, which can be a product, a solution, or an improvement.
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