Which of the Following Is a Buyer Benefit That Could

question 5

Multiple Choice

Which of the following is a buyer benefit that could be used by a person selling automobile tires?

• A) steel belted
• B) service in all fifty states
• C) 30,000-mile rating
• D) manufactured in the U.S.A.
• E) greater driving safety

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Definitions:

Indifference Curves

Graphical representations in economics showing different combinations of two goods that provide equal satisfaction and utility to an individual.

Utility

A financial concept that denotes the overall pleasure obtained from using a product or service.

Indifference Curve

A graphical representation showing different combinations of two goods that provide a consumer with the same level of satisfaction or utility.

Total Utility

The complete fulfillment gained through the consumption of a certain amount of a product or service.