A Measure Defined Per Unit of Time Is Called A(n)

question 1

Multiple Choice

A measure defined per unit of time is called a(n) ______ variable.

• A) stock
• B) nominal
• C) aggregate
• D) flow

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Definitions:

Total Satisfaction

A measure of the overall happiness or contentment derived from consuming a combination of goods and services.

Consumer's

Related to or involving the actions and decisions of individuals who purchase goods and services for personal use.

Utility

a measure of satisfaction or happiness that a person derives from consuming goods and services.

Satisfaction

The level of contentment or fulfillment received from consuming a product or service.