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A wage increase of $1000 is more likely to improve the subjective well-being of low-income workers than of middle-income executives. This illustrates the importance of
Customer Benefit
The advantage or positive outcome that a customer gains from using a product or service, often used as a key selling point.
Customer Benefit
The advantage or value a customer receives from using a product or service, contributing to their satisfaction and loyalty.
Product
Any item or service offered in the market for acquisition, use, or consumption, including physical goods, digital products, or services.
Premium
A term often used to describe products or services of higher quality or cost, often offering additional features or benefits.
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