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If Total Utility Is Decreasing,then

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If total utility is decreasing,then


Definitions:

Internet-Based Applications

Software programs that function online over a network and can be accessed through internet browsers.

Social Media

Online platforms that enable users to create, share content, and participate in social networking.

Marketing Mix

The mix of elements a company can manage to encourage consumers to buy its offerings, commonly known as product, price, location, and marketing.

Four Ps

Refers to the marketing mix elements: Product, Price, Place, and Promotion, used to achieve marketing objectives.

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