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Explain the Relationship a Between a Consumer Liking an Ad

question 74

Essay

Explain the relationship a between a consumer liking an ad and brand attitude.


Definitions:

Total Utility

The total satisfaction or benefit gained from consuming a particular quantity of goods and services.

Maximum

The highest point on a nonlinear curve, where the slope changes from positive to negative.

Diminishing Marginal Utility

A principle stating that as a person consumes more of a good, the additional satisfaction or utility from consuming an additional unit decreases.

Total Utility

The total satisfaction received from consuming a particular quantity of goods or services.

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