In Economics, Something That Provides Utility Is Called a

question 60

Multiple Choice

In economics, something that provides utility is called a

• A)good.
• B)bad.
• C)want.
• D)need.

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Definitions:

United States

A country located in North America, composed of 50 states, a federal district, five major self-governing territories, and various possessions.

Social Referencing

The process by which individuals look to others in their environment for cues on how to react or behave, especially in unfamiliar situations.

Safety Clues

Indications or signs that an environment or situation is free from danger, risk, or injury.

Uterine Contractions

The tightening and relaxing of the uterus' muscle fibers, commonly experienced during childbirth but also occurring at other times, such as during menstruation.