Examlex
Communication with audience segments can be more effective when it is linked to their interests or lifestyles.
Consumer Surplus
The variance between what consumers are prepared and capable of spending for a product or service compared to the actual amount they end up paying.
Marginal Utility
The additional satisfaction or utility gained by consuming one more unit of a good or service.
Consumer Surplus
The consumer surplus is the gap between what consumers are ready and capable of paying for a good or service and what they actually spend on it.
Marginal Utility
The augmented satisfaction or value someone derives from the consumption of an extra unit of a good or service.
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