Utils Are Used by Economists to Measure the Satisfaction a Person

question 55

True/False

Utils are used by economists to measure the satisfaction a person obtains from consuming a good.

---

Definitions:

Class C Hazard Material

A classification for hazardous materials that are primarily corrosive or reactive, posing risks to safety and health if not properly handled.

WHMIS

Workplace Hazardous Materials Information System; a Canadian system providing information on the safe use of hazardous materials at work through labels and safety data sheets.

Phytoremediation

A bioremediation process that uses various types of plants to remove, transfer, stabilize, or destroy contaminants in the soil and groundwater.

Contaminants

Substances that are introduced into an environment where they don't belong, often harmful to organisms, polluting water, air, and soil.