Examlex
_____ is the direct,personal presentation,demonstration and sales of products to consumers in their homes.
Budget Constraint
The limits placed on the consumption choices of individuals by their income and the prices of goods and services.
Utility
An indicator of pleasure or contentment obtained from the acquisition and use of products and services.
Utils
A theoretical unit of measurement used in economics to quantify the amount of utility or satisfaction derived from consuming goods and services.
Indifference Curves
Graphical representations in economics, illustrating different combinations of goods or services among which a consumer is indifferent.
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