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At XYZ Industries,new workers are immediately assigned to jobs.They learn by doing the actual work and by watching longer-term employees.XYZ uses a policy of:
Utility
The complete fulfillment experienced when consuming a product or service.
Marginal Utility
The extra pleasure a customer receives from consuming an additional unit of a product or service.
Total Utility
The total satisfaction received by consuming a particular amount of goods or services.
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