Examlex
Quality function deployment can be used to show linkages between customer requirements and product characteristics.
Cobb-Douglas Utility
A form of utility function that represents preferences with a particular functional form, often used in economics to model production and utility with inputs or goods raised to constant powers.
Quasilinear Utility
A utility function where the utility is linear in one argument, typically representing money, allowing for the analysis of changes in wealth without the utility of wealth itself changing.
Consumption Increase
A rise in the amount of goods and services consumed by households or the economy over a period.
Price Increase
A rise in the cost of goods or services, affecting demand, supply, and inflation.
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