Examlex
Inventory ________ cost is the variable cost of keeping items on hand,including interest,storage and handling,taxes,insurance,and shrinkage.
Willingness
The readiness of a person to engage in a particular action, especially in terms of purchasing goods or services.
Marginal Utility
The additional utility received from consuming one more unit of a good or service.
Total Utility
The complete happiness or advantage gained from using a specific amount of products or services.
Product Consumed
Refers to goods or services that have been used by consumers, fulfilling needs or wants.
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