A Product Has Utility If It

question 212

Multiple Choice

A product has utility if it

• A)takes more and more resources to produce successive units of it.
• B)violates the law of demand.
• C)satisfies consumer wants.
• D)is useful.

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Definitions:

Unmarried Partners

Two individuals in a romantic relationship who live together and share a domestic life but are not legally married to each other.

Unrelated Caregivers

Individuals who provide care or guardianship to someone to whom they have no biological or legal relation.

Child Abuse

Child abuse refers to any physical, emotional, sexual abuse, or neglect of a child by a parent, guardian, or any other individual.

Poverty

A state where an individual or community lacks the financial resources and essentials for a minimum standard of living.