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3 years ago

12

HELLPP What is economic utility

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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Step-by-step explanation:

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Read 2 more answers