Examlex
The sales-volume variance is due to:
Utility Schedule
A utility schedule is a table that shows the relationship between quantities of a good or service consumed and the utility or satisfaction derived from that consumption.
Marginal Utility
The additional satisfaction or utility gained from consuming an extra unit of a good or service.
Total Utility
The overall satisfaction or benefit a consumer receives from consuming a certain quantity of a good or service.
Marginal Utility
The additional satisfaction or benefit gained from consuming one more unit of a good or service.
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