The Want-Satisfying Power of a Good or Service Is Known

question 455

Multiple Choice

The want-satisfying power of a good or service is known as

• A) purchasing power.
• B) utility.
• C) consumer optimum.
• D) principle of substitution.

---

Definitions:

Persuasive Business Messages

Communications designed to influence the thoughts, feelings, or actions of others in a business context.

Effectiveness

The degree to which something achieves its intended outcome or goals, often used to evaluate strategies, tools, or processes.

Compelling Persuasive Message

A message crafted to effectively convince or influence the audience to accept a particular viewpoint or take a specific action.

Necessary Information

Essential data or facts required to understand a situation, make a decision, or solve a problem.