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When an economist talks about utility, she is talking about Group of answer choices a company that provides electricity, water, gas, etc. the satisfaction, in
When an economist talks about utility, she is talking about
Group of answer choices
a company that provides electricity, water, gas, etc.
the satisfaction, in terms of price, that a producer receives from selling his product.
the satisfaction that results from the consumption of a good.
the amount of one good that a person is willing to give up in order to get a unit of another good.
the satisfaction that results from the consumption of a good minus the price that must be paid to get the good.
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