Multiple Choice
A good synonym for "utility" is
A) marginal.
B) need.
C) necessity.
D) satisfaction.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: The real-income effect refers to<br>A) the law
Q3: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above
Q4: The diamond-water paradox was solved by knowing
Q5: In economics, people make decisions regarding consumption
Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q7: Behavioral economics suggests that people face human
Q8: When marginal utility is zero, total utility
Q9: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q10: Initially, a consumer is at an optimum.
Q11: Refer to the above table. Suppose the