When an economist says that an apple gives a quantifiable level of utility, this is:

Question

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Cardinal utility refers to the assignment of a numerical value to the level of satisfaction or utility that a consumer derives from consuming a good or service. In this case, the economist is assigning a quantifiable level of utility to an apple, indicating that it has a specific, measurable level of satisfaction associated with it.

When an Economist Says That an Apple Gives a Quantifiable