____ is the subjective measure of the physical and mental satisfaction that is anticipated from consumption.
A) Demand
B) Supply
C) Recognition
D) Utility
E) Cognition

Question

Quizplus · Accepted Answer

Utility is the subjective measure of the physical and mental satisfaction that is anticipated from consumption. It is a key concept in economics and is used to explain the behavior of consumers in the market. The concept of utility helps in understanding how consumers decide what to buy and how much to pay for it.

____ Is the Subjective Measure of the Physical and Mental