Examlex
In working capital management,there are some actions that increase or decrease cash.What are some of the items that increase and decrease the cash account,respectively?
Total Utility
The complete satisfaction obtained from consuming a particular quantity of goods or services.
Marginal Utility
The extra pleasure or benefit gained by a consumer from using an additional unit of a product or service.
General Utility
The overall satisfaction or happiness derived from consuming goods and services. This term is a restated definition for "Total Utility."
Consumer Surplus
The difference in the overall amount consumers are willing and able to allocate for a good or service against the actual amount paid.
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