A good provides __________ and a bad provides __________.
A) utility; satisfaction
B) disutility; utility
C) dissatisfaction; satisfaction
D) utility; disutility
E) satisfaction; utility

Question

Quizplus · Accepted Answer

A good provides utility, which is a measure of the satisfaction or usefulness that a consumer derives from consuming a particular good or service. On the other hand, a bad provides disutility, which is the opposite of utility and measures the dissatisfaction or harm that a consumer experiences from consuming a particular good or service.

A Good Provides __________ and a Bad Provides __________

A Good Provides and a Bad Provides