What Is the Want-Satisfying Power of a Good or Service

question 147

Multiple Choice

What is the want-satisfying power of a good or service called?

• A) utility
• B) price
• C) buyer's attraction
• D) function

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Definitions:

Acquired Attention

involves the attention gained through effort or intention, as opposed to naturally catching someone's focus.

Style And Cultural Icons

Individuals or symbols widely recognized and admired for their significant influence on trends, fashion, and culture.

Art Products

Art products are tangible items resulting from creative artistic activities, such as paintings, sculptures, ceramics, and other works that serve as expressions of visual art.

Craft Products

Goods made by hand or with a high degree of artisanal skill, often associated with high quality and uniqueness.