Examlex
Which subsystem is the fifth ingredient of the marketing mix?
Utility
In economics, refers to the total satisfaction received from consuming a good or service.
Satisfaction
The fulfillment or gratification of a desire, need, or appetite.
Green Beans
Edible green pods from certain cultivars of the common bean, often consumed cooked as a vegetable.
Diminishing Marginal Utility
The principle that as a person increases consumption of a product, there is a decline in the additional satisfaction obtained from consuming one more unit.
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