Examlex
No matter how good a tagline is, it would never outlast an advertising campaign.
Utility Function
A mathematical representation of how a consumer's preferences over bundles of goods relate to their satisfaction or utility.
Consumption
The use of goods and services by households or individuals, which is a primary component of economic activity.
Income
The cash flow generated out of work or investments, typically on a steady basis.
Utility Function
A mathematical representation of a consumer's preference ranking over bundles of goods, showing the level of satisfaction or utility derived.
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