Examlex
Zajonic's Hierarchy of Effects model involves
Units
Basic quantities or measurements in various fields like sciences, mathematics, and economics used to express the magnitude or quantity of something.
Price Rises
An increase in the cost of goods or services over a period, often caused by factors such as inflation, increased demand, or higher costs of production.
Marginal Utility
The extra pleasure or benefit one gains from the consumption of one more unit of a product or service.
Total Utility
The total satisfaction or benefit a consumer receives from consuming a particular quantity of goods and services.
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