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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
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    The Utility of a Good or Service
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The Utility of a Good or Service

Question 312

Question 312

Multiple Choice

The utility of a good or service


A) is synonymous with usefulness.
B) is the satisfaction or pleasure one gets from consuming it.
C) is easy to quantify.
D) rarely varies from person to person.

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