Examlex
Which of the following statements about objections is FALSE?
Utility
A measure of satisfaction or pleasure that consumers derive from consuming goods or services.
Consumption
The act of using goods and services to satisfy needs and wants, a key concept in economics relating to how goods and services are used.
Satisfaction
The degree of contentment or pleasure experienced from the fulfillment of a desire or the consumption of goods and services.
Marginal Utility
The increased value or pleasure an individual obtains from using another unit of a certain service or good.
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