Bliss Point In economics, a bliss point is a quantity of - TopicsExpress



          

Bliss Point In economics, a bliss point is a quantity of consumption where any further increase would make the consumer less satisfied. It is a quantity of consumption which maximizes utility in the absence budget constraint. In other words, it refers to the amount of consumption that would be chosen by a person so rich that money imposed no constraint on his or her decisions. In the formulation of food products using food optimization, the bliss point is the amount of an ingredient such as salt, sugar, or fat which optimizes palatability.
Posted on: Sun, 07 Jul 2013 14:49:33 +0000

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