Satisfaction in economic terms is the benefit that an individual gains from consuming a given amount of goods or services.
Maximizing satisfaction means receiving the most benefits with relatively few costs.
There is also additional bit of satisfaction, or amount of utility, gained from each extra unit of consumption. This is called a marginal utility.
Answer. B
Explanation. I learned about this recently, I had a similar question and it was correct. Let me know if it’s correct so others can use it as well :)
Good luck.
A, seek advice from others about the situation.
Hello!
Teamwork is not an important component of resolving conflict. In order to resolve a conflict, the people involved must listen to one another, communicate effectively, and understand each other.
I hope this helps you! Have a lovely day!
- Mal
