Examlex
All of the following techniques can be used to improve one's effectiveness as a sender of messages except:
Law of Diminishing Marginal Utility
An economic principle that states the additional satisfaction a consumer gets from purchasing one more unit of a product will lessen with each additional unit purchased.
Marginal Utility
The additional satisfaction or utility that a consumer derives from consuming one more unit of a good or service.
Total Utility
The total satisfaction or benefit a consumer receives from consuming a specific quantity of goods or services.
Income Effect
The change in an individual's or economy's income and how that change will impact the quantity demanded of a good or service.
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