Utility is the satisfaction derived from the
...Utility is the satisfaction derived from the
Distribution of goods and services
Use of goods and services
Demand of goods and services
Production of goods and services
Correct answer is B
Utility is simply the satisfaction a consumer derives from the consumption of goods and services.
A major assumption in cardinal utility theory is that ...
In the theory of the consumer behavior, a consumer is said to maximize utility when ...
Prohibiting the sale of lace materials in Nigeria would probably lead to? ...
A distinguishing characteristic of consumer co-operative society is that the ...
The market price of a commodity is determine by the ...
The consumers cooperative society is owned by ...
The quantity demanded of a commodity is influenced only by changes in ...
An economy system is mainly concerned with ...
The situation where by a government spends more than its budgets for a fiscal year is known as ...
A utility maximizing household will allocate its expenditure so that ...