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The goals of social gerontologists include
Utility
The satisfaction or benefit derived by consumers from consuming a good or service.
Expected Utility
A concept in economics that represents the sum of utilities associated with all possible outcomes, weighted by the probability of each outcome.
Utility
A measure of the satisfaction or happiness that consumers get from consuming goods or services.
Probability
A measure of the likelihood that an event will occur, quantified as a number between 0 and 1.
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