What is the economic definition of utility? utility is
a. the enjoyment or satisfaction peop...
Business, 07.11.2019 05:31 mokunola16
What is the economic definition of utility? utility is
a. the enjoyment or satisfaction people receive from consuming goods and services.
b. the sum of consumer and producer surplus.
c. the decrease in additional satisfaction consumers receive as they consume more of a good or service during a given period of time.
d. the change in enjoyment or satisfaction a person receives from consuming one additional unit of a good or service.
e. the difference between the highest price a consumer is willing to pay and the price the consumer actually pays.
Answers: 3
Another question on Business
Business, 21.06.2019 19:00
If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of
Answers: 1
Business, 22.06.2019 19:50
Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?
Answers: 1
Business, 23.06.2019 17:20
How do unseen costs make it difficult to decide if it is better for government or private companies/people to spend our money? provide an example using a “seen” and “unseen” cost to prove your answer.
Answers: 1
Business, 23.06.2019 21:30
After working for stafford automotive group as an automotive technician for the last 4 years, stan was promoted to the position of service manager. he now oversees the work of the other automotive technicians and shop attendants, is responsible for training them, and manages the parts inventory. stan would be considered a(n) manager.
Answers: 2
You know the right answer?
Questions
History, 21.03.2021 23:10
Mathematics, 21.03.2021 23:10
Mathematics, 21.03.2021 23:10
Arts, 21.03.2021 23:10
Chemistry, 21.03.2021 23:10
Social Studies, 21.03.2021 23:10
Mathematics, 21.03.2021 23:10
Mathematics, 21.03.2021 23:10
Mathematics, 21.03.2021 23:10
Mathematics, 21.03.2021 23:10
