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Your friend offers you a notebook or a pencil for your french fries you choose the option that gives the greatest___. A.) Supply B.) demand C.) scarcity D.) utility

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

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

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