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The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3
-It is often observed that, over the same period of time and for the same good, marginal utility declines rapidly for some consumers and very little for others. This observation illustrates:
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The dynamic and diverse environment of social media platforms, trends, and practices.
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Unauthorized or unofficial social media accounts that can pose a threat to an individual's or organization's image.
Risks
The potential for encountering harm, loss, or adverse outcomes resulting from actions or decisions, often analyzed in business, investments, and strategic planning.
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The technique of making a process or system operate automatically, reducing human intervention.
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