Examlex

Solved

Which of the Following Is NOT a Method to Facilitate

question 30

Multiple Choice

Which of the following is NOT a method to facilitate upward communication?


Definitions:

Total Utility

The total satisfaction or benefit derived by a consumer from consuming a particular quantity of goods or services.

Marginal Utility

The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Marginal Utility

The additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.

Related Questions