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Shalnov [3]
3 years ago
12

HELLPP What is economic utility

Mathematics
2 answers:
DiKsa [7]3 years ago
7 0

Answer:

The capacity of a good or service to meet the demand of a consumer. The amount of economic utility of a good or service determines what the demand will be for that good or service, which impacts the price that people will be willing to pay to obtain it

Step-by-step explanation:------------------------------------------)-

slavikrds [6]3 years ago
6 0

Hello There!

Economic utility is the amount of satisfaction a consumer receives from the consumption of a particular product or service.

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