The concept of utility is
A) subjective so that there can be no true measurement of someone's utility.
B) subjective so measurement of someone's utility must be done scientifically.
C) objective so that devices can be developed that would measure a person's utility.
D) objective so that psychologists can measure utility and compare one person's utility with that of another person.

Question

Quizplus · Accepted Answer

The concept of utility is subjective and varies from person to person, making it difficult to measure objectively. It is influenced by individual preferences, needs, and circumstances, which are unique to each individual, thus making it impossible to compare one person's utility with that of another person. While psychologists can study subjective experiences of utility, there can be no true measurement of someone's utility, as it is ultimately a matter of personal opinion and perception.

The Concept of Utility Is