Examlex
Systems thinking in relation to organizational learning means that workers learn best by linking their computers together.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount they actually pay.
Marginal Utility
The additional satisfaction or utility that a consumer derives from consuming one more unit of a good or service.
Marginal Utility
It describes the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.
Total Utility
The overall satisfaction or benefit received by consuming a product or service.
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