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mauvemule811Lv1
18 Aug 2020
In economics the term utility refers to
A. The subjective benefit or satisfaction a person expects to receive from a choice or course of action.
B. The number of possible uses for a resource.
C. The fact that human desire for goods is unlimited while the resources available to meet those desires are limited.
D. The highest valued alternative that must be sacrificed when a choice is made.
In economics the term utility refers to
A. The subjective benefit or satisfaction a person expects to receive from a choice or course of action.
B. The number of possible uses for a resource.
C. The fact that human desire for goods is unlimited while the resources available to meet those desires are limited.
D. The highest valued alternative that must be sacrificed when a choice is made.
3
answers
0
watching
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Prachi DabasLv10
20 Sep 2020
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