Answer:
Utility
Explanation:
Utility is the value or want-satisfying ability that is added to products by organizations that make the product more useful or accessible to consumers.
Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility. The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service. In practice, a consumer's utility is impossible to measure and quantify. However, some economists believe that they can indirectly estimate what is the utility for an economic good or service by employing various models.
So you know if the vehicle is drivable or not and also so you know what you are getting into when you inspect the car or truck
Selective optimization with compensation theory states that successful aging is related to three main factors: selection, optimization, and compensation.
<h3>What is selective optimization with compensation theory?</h3>
Selective Optimization With Compensation theory is a theory that refers to a person's lifespan model of psychological and behavioral management.
The lifespan model explains how individuals adapt to changes related to their human development and age-related gains and losses.
Thus, selective optimization with compensation theory states that successful aging is related to three main factors: selection, optimization, and compensation.
Learn more about the three main factors of Selective Optimization with Compensation Theory at brainly.com/question/7227453
Answer:
Porter's Five Forces is a framework for analyzing a company's competitive environment. The number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence a company's profitability.
