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Burka [1]
3 years ago
13

PLS ANSWER ASAP!!!! In three to five sentences, explain the function of utilities.

Computers and Technology
1 answer:
il63 [147K]3 years ago
7 0

Answer:

In economics, utility function is an important concept that measures preferences over a set of goods and services. Utility represents the satisfaction that consumers receive for choosing and consuming a product or service.  Utility function is widely used in the rational choice theory to analyze human behavior.

Explanation:

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