Examlex
local university offers business courses for a specific target market composed of people who currently work and want to take refresher courses to obtain a higher degree.Which of the following would be the most effective way to communicate with the target market,bearing in mind that communication must be both effective and economical?
Total Utility
The total satisfaction or benefit a consumer receives from consuming a particular quantity of goods and services.
Total Utility
Total utility is the total satisfaction or value a consumer derives from consuming a particular quantity of goods or services.
Marginal Utility
The additional satisfaction or utility gained from consuming an additional unit of a good or service.
Maximum
In mathematics or economics, maximum refers to the largest value in a given set or the highest point of a function or dataset.
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