For Economists, the Word "Utility" Means

question 51

Multiple Choice

For economists, the word "utility" means

• A)versatility and flexibility.
• B)rationality.
• C)pleasure or satisfaction.
• D)purposefulness.

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Definitions:

Stacking Technique

A productivity method where tasks are grouped and tackled in sequence or simultaneously to maximize efficiency.

Acronym

A word formed from the first letter of a series of other words.

Acrostic

A poem, word puzzle, or other composition in which certain letters in each line form a word or words when read in sequence.

Memory Process

The series of steps that include encoding, storing, and retrieving information.