Which of the following is used by economists to measure the satisfaction a
person gets from the use or consumption of goods and services?
O
A. Non-monetary costs and benefit.
O
B. The concept of utility.
O
C. A cost-benefit ratio,
O
D. Marginal analysis,

B. The concept of utility.

Explanation:

Utility in economics refers to the amount of satisfaction that a consumer derives from consuming units of a commodity at a particular point in time.

The concept of utility is based on the assumption that the consumer is rational in the sense that he or she aims at maximising utility with limited income.

Also , marginal utility diminishes as a consumer consumes additional units of a commodity.

The correct choice is B

explanation:

sorry english

the most likely outcome of fewer loon territories is that hawks would increase in proportion because the benefit of victory would be greater. hawks and loons are natural rivals of resources and victories in the game, since the lakes drying up affected the loons, the hawks would be benefited from the drought.