A Benefit That Comes from Something That Could Be Quantified

question 73

Multiple Choice

 A benefit that comes from something that could be quantified in monetary terms is known as a(n) __________ incentive. 

• A) solidary 
• B) material 
• C) purposive 
• D) ideological 
• E) special interest

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Definitions:

Total Utility

The absolute gratification obtained through the intake of a certain quantity of products or services.

Marginal Utility

The additional satisfaction or benefit (utility) a consumer derives from consuming one additional unit of a good or service.

Brussels Sprouts

Edible buds that resemble miniature cabbages, known for their nutritional benefits and grown mainly for culinary uses.

Marginal Utility

The extra satisfaction or benefit gained from consuming an additional unit of a product or service.