The Ability of a Good to Satisfy a Want Refers

question 131

Multiple Choice

The ability of a good to satisfy a want refers to its:

• A) utility.
• B) usefulness.
• C) worthiness.
• D) necessity.

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Definitions:

XML

Extensible Markup Language, a flexible text format used for the creation of structured documents.

Rules

Set guidelines or instructions that dictate the expected behavior or procedures within a certain context.

Style

A distinctive manner of expression or presentation, often referring to artistic, literary, or musical methods.

Formatting

Formatting involves arranging or modifying the appearance of text and data in documents, including font style, size, and document layout.