The allocation of scarce resources to those who are most useful or valued by the society is ____________________ utility.

Name: The allocation of scarce resources to those who are most useful or valued by the society is ____________________ utility.
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Question

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Social utility refers to the allocation of resources in a way that maximizes the overall benefit to society, ensuring that resources are used where they are most valued or needed.

The Allocation of Scarce Resources to Those Who Are Most