What is meant by the term utility and how does the idea relate to purposeful behavior?

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What is meant by the term “utility” and how does the idea relate to purposeful behavior?

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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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Question Posted: May 23, 2013 07:40 AM

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What is meant by the term utility and how does the idea relate to purposeful behavior?

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Utility refers to the pleasure happiness or satisfaction ga...View the full answer

Economics

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