Utility refers to
A)the satisfaction you receive from purchasing something.
B)how much money you receive during the year.
C)the total of your spending for the year.
D)the value of your investments at any given time.
E)none of these.

Question

Quizplus · Accepted Answer

Utility refers to the satisfaction or usefulness that a consumer derives from the consumption of goods and services. It is not related to the money received during the year, total spending or value of investments.

Utility Refers to