Which of the Following Describes "Utility

question 21

Multiple Choice

Which of the following describes "utility"?

• A)how consumers rank different goods and services.
• B)how useful is a good or service.
• C)how many different things a good or service can do.
• D)when consumers use goods or services.
• E)none of the above.

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Definitions:

Premises

Statements or propositions in an argument that provide support for the conclusion.

Logical Support

The use of reasoned arguments and evidences to back up a claim, providing a rational basis for beliefs or actions.

Positive Evaluative Adjectives

Adjectives used to express positive evaluations or judgements about people, objects, or situations.

Evaluative Adjectives

Adjectives used to express an assessment or judgment about the quality, value, or condition of someone or something.