Multiple Choice
For economists,the satisfaction an individual derives from the consumption of goods and services is BEST described as:
A) happiness.
B) usefulness.
C) utility.
D) opportunity cost.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q145: Use the following to answer question: <img
Q146: Use the following to answer question: <img
Q147: A Giffin good is one in which
Q148: Use the following to answer question: <img
Q149: Assume that diminishing marginal utility applies to
Q151: According to the substitution effect,a decrease in
Q152: Chuck spends all of his income on
Q153: Wolfgang really likes both rutabagas and broccoli.Suppose
Q154: Whatever the time period in question,Molly's spending
Q155: Use the following to answer question: <img