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If two variables are positively related,then
Marginal Utility
The supplementary satisfaction or benefit obtained from using an additional unit of a product or service.
Utility Maximization
An economic principle that suggests consumers aim to get the greatest satisfaction possible from their available resources.
Consumer's First
A philosophy or policy placing consumer interests and satisfaction at the forefront of business decision-making.
Marginal Utility-To-Price Ratio
The comparison of the additional satisfaction received from consuming one more unit of a good to the price of that unit, used to maximize utility.
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