___________ is the ability of a product to satisfy a customer

Business

2 answers:

soldier1979 [14.2K]3 years ago

6 0

The answer to this question is: Quality

belka [17]3 years ago

6 0

Answer: Utility

Utility is the ability of a product to satisfy a customer.

Explanation:

Utility refers to the satisfaction, happiness or pleasure that a consumer derived or obtained from the consumption of a product or service. The utility of a product directly influence the demand for the product and the price of the product (good) or service. Utility varies from one customer to another and from time to time. A consumer might not derive the same utility from the consumption of the same product at different points in time.

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