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Ray Of Light [21]
3 years ago
13

Which of the following statements is true about utility?a. Everyone receives the same level of satisfaction from the same good o

r service.b. Utility is easy to measure across individuals.c. Economists measure utility with a unit they refer to as an utte.d. Everyone receives different levels of satisfaction from the same good or service.e. All products produce the same level of utility.
Business
1 answer:
Annette [7]3 years ago
6 0

Answer:

The correct answer to the following question is option D) everyone receives different level of satisfaction from from the same good or services.

Explanation:

Utility can be defined as a measurement of satisfaction levels that a consumer experiences from the consumption of goods and services. From the above given options only D is correct as every one experiences different level of satisfaction from same good or services. Economists measures utility with a unit they refer to as util. All products doesn't produce same level of satisfaction .

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Answer:

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Explanation:

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