The Utilitarian Case for Redistributing Income Is Based on the Assumption

question 432

Multiple Choice

The utilitarian case for redistributing income is based on the assumption of

• A)collective consensus.
• B)a notion of fairness engendered by equality.
• C)diminishing marginal utility.
• D)rising marginal utility.

---

Definitions:

Attitudinal Loyalty

Customer loyalty based on positive feelings and attitudes towards a brand rather than on habit or convenience.

Transactional Satisfaction

The degree of contentment a customer feels after making a purchase, focusing on the specific transaction rather than the overall relationship with the brand.

Cross-selling

The practice of selling an additional product or service to an existing customer, often related to their original purchase.

Word-of-Mouth Referrals

The natural spreading of product or service recommendations from one person to another, often considered a powerful marketing tool due to its trustworthiness.