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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
  5. Question
    The Ability of a Good or Service to Satisfy Wants
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The Ability of a Good or Service to Satisfy Wants

Question 336

Question 336

Multiple Choice

The ability of a good or service to satisfy wants is called


A) utility maximization.
B) opportunity cost.
C) revenue potential.
D) utility.

Correct Answer:

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