Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
D utility
Utility is how useful it is.
Why others are wrong:
Supply - same amount of each
Demand - nobody else is choosing
Scarcity - none are scarce/missing
Utility is how useful it is.
Why others are wrong:
Supply - same amount of each
Demand - nobody else is choosing
Scarcity - none are scarce/missing
Of all the given options, the best one is the utility. This is because one has to choose for French fries and offering items are stationary. Hence, Option D is correct.
What is utility?
Utility is a concept used in economics to represent worth or value. Its application has changed considerably over time. Philosophers of morality like Jeremy Bentham and John Stuart Mill first used the phrase to describe a measure of pleasure or happiness as part of their utilitarianism thesis.
It is a measurement of the level of satisfaction a person experiences after consuming certain goods. To put it another way, it is a measurement of the value a consumer derives from any good. A person's enjoyment of a movie, a particular dish, or other products is gauged by its utility.
Thus, Option D is correct.
Learn more about utility from here:
https://brainly.com/question/14149928
#SPJ5
Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.