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Select the Word or Phrase in the Sentence That Is

question 42

Multiple Choice

Select the word or phrase in the sentence that is NOT used correctly.
His inventions have not always been use in the way he had originally intended.


Definitions:

Tax

A mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Utility Function

A rephrased definition: A tool in economics to quantify an individual's satisfaction from consuming different bundles of goods and services.

Price

The sum of money needed to buy a product or service.

Utility Function

A mathematical representation expressing an individual's preference ordering over a set of goods and services, showing the level of satisfaction or utility derived from various bundles of goods.

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