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If There Is No Budget Constraint,utility Maximization Is Achieved When

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If there is no budget constraint,utility maximization is achieved when marginal utility is zero.


Definitions:

Monthly

Pertaining to or occurring once every month.

Unit Sales

The total number of individual items or products sold by a company in a specific period.

Operating Leverage

Operating leverage is a measure of how revenue growth translates into growth in operating income, highlighting the impact of fixed costs on profitability.

Net Operating Income

A company's income after operating expenses are subtracted but before interest and taxes are deducted.

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