Answered step by step
Verified Expert Solution
Question
1 Approved Answer
13. The pleasure, happiness, or satisfaction obtained from consuming a good or service is called: A) Marginal cost B) Utility C) Opportunity cost D) Economics
13. The pleasure, happiness, or satisfaction obtained from consuming a good or service is called:
A) Marginal cost
B) Utility
C) Opportunity cost
D) Economics
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Microeconomics
Authors: Jeffrey M. Perloff
8th edition
134519531, 978-0134519531
