Examlex
What is the difference between the central route and the peripheral route to persuasion?
Total Utility
The full pleasure gained by using a particular volume of goods or services.
Marginal Utility
The increased enjoyment or advantage gained by a consumer from acquiring one more unit of a particular good or service.
Utility Schedule
A table or graph showing the level of satisfaction or utility that a consumer derives from consuming different quantities of a good or service.
Marginal Utility
The additional satisfaction or benefit a consumer receives from consuming one more unit of a good or service.
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