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The Purpose of a Program Is to Make the Strategy

question 91

True/False

The purpose of a program is to make the strategy action-oriented.


Definitions:

Additional Units

Refers to extra quantities or increments of a product or service that are made available or consumed.

Marginal Utility

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

Total Utility

The overall satisfaction or value that a consumer derives from consuming a certain quantity of goods or services.

Units

In economics, a quantifiable measure used to express the quantity of goods or services.

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