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    Economics Today
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    Exam 20: Consumer Choice
  5. Question
    Economists Use What Term to Describe the Want-Satisfying Power of a Good
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Economists Use What Term to Describe the Want-Satisfying Power of a Good

Question 2

Question 2

Multiple Choice

Economists use what term to describe the want-satisfying power of a good?


A) Demand
B) Utility
C) Marginal propensity to consume
D) Income elasticity

Correct Answer:

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