Examlex
Which of the following benefits is the key in selling successfully on-line, according to the article?
Utility Maximization
An economic principle that suggests individuals seek to achieve the highest satisfaction possible with their available resources.
Consumer Equilibrium
A condition where the allocation of goods and services among consumers in such a way that the utility derived from each is maximized.
Total Utility
The overall satisfaction or happiness a consumer receives from consuming a certain amount of goods or services.
Income
The amount of money or value received, often measured annually, from work, investments, business, etc., used to support oneself or a family.
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