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- DictionaryPref·er·ence/ˈpref(ə)rəns/
noun
- 1. a greater liking for one alternative over another or others: "he chose a clock in preference to a watch"
- 2. a prior right or precedence, especially in connection with the payment of debts: "debts owed to the community should be accorded a preference"
Sep 8, 2024 · Personal preferences refer to the individual tastes, inclinations, and choices that dictate a person’s decisions in various aspects of life, including but not limited to consumer behavior, lifestyle choices, and professional interests.
Sep 8, 2024 · Definition of Preferences. Preferences in economics refer to the subjective tastes and choices of individuals when faced with different goods and services. These preferences determine how consumers allocate their limited resources to maximize their utility or satisfaction.
Sep 5, 2024 · : to be more important (than something else) When it comes to making health care decisions, the patient's preference should take precedence. often + over. The safety of the children has/takes precedence over everything else. Examples of have/take precedence over in a Sentence.
Sep 10, 2024 · The principle gives precedence to simplicity: of two competing theories, the simpler explanation of an entity is to be preferred. The principle is also expressed as “Entities are not to be multiplied beyond necessity.”
Sep 8, 2024 · Paying special attention to the correct implementation of over eight types of preference assessments, Dr. Gregory discusses how to identify reinforcers and use them to obtain more-effective behavior change.
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Aug 27, 2024 · supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. It is the main model of price determination used in economic theory.
Aug 28, 2024 · For business strategies to be successful, taking the time to fully understand your customers’ preferences will have a big impact.