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    Microeconomics Study Set 43
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    Exam 7: Consumer Behavior
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    Utility Is
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Utility Is

Question 29

Question 29

Multiple Choice

Utility is:


A) a quantitative measure of consumers' preferences.
B) an objective measure of a person's happiness.
C) as difficult to measure as an individual's income level.
D) a meaningful number measuring a consumer's precise level of satisfaction.

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