Economists describe the satisfaction consumers receive from consuming goods and services as:
A)utility.
B)income effects.
C)budget constraints.
D)substitution effects.

Name: Economists describe the satisfaction consumers receive from consuming goods and services as: A)utility. B)income effects. C)budget constraints. D)substitution effects.
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The satisfaction consumers receive from consuming goods and services is referred to as utility in economics.

Economists Describe the Satisfaction Consumers Receive from Consuming Goods and Services