Which of the Following Statements Is True of Utility

Multiple Choice

Which of the following statements is true of utility?

A) It is possible to precisely measure the utility an individual receives from consuming a particular good or service.
B) It is always possible to determine whether Darlene or Julie gets more utility from consuming two units of the same good.
C) The utility of goods can be measured, while that of services cannot.
D) Utility is a subjective measure of satisfaction an individual receives from consuming a good or service.
E) The concept of utility is useful only if there is no scarcity.