Learning through punishment
Learning through punishment refers to the phenomenon where an unpleasant response (or punishment) following a behavior or action, makes that behavior or action less likely to occur in the future. In this case, when you get burnt (response) by touching a hot stove (behavior/ action), you learn that touching a hot stove equates pain (an unpleasant response). Therefore, you learn not to touch a hot stove again in the future.
How far you have to drive to the store to buy an item impacts the consumption utility you associate with it.
This statement is FALSE.
Common utilities include water, sewage, electricity, gas, garbage and recycling. Technology subscriptions such as cable TV, internet, security, and phone services can also be considered utilities. Home utility bills are similar to apartment utility bills, with one major exception. Who will pay the utility bills?
Utility in economics refers to the benefit or enjoyment a consumer obtains from a service or product. The concept of utility is abstract, but it helps explain how and why consumers make choices. "Ordinal" utility refers to the concept that one good is more useful or desirable than another.
Learn more about utility here:brainly.com/question/24922430
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Intangible assets
ex.copyrights,trademarks
