The Ability of a Good or Service to Satisfy Wants

question 336

Multiple Choice

The ability of a good or service to satisfy wants is called

• A)utility maximization.
• B)opportunity cost.
• C)revenue potential.
• D)utility.

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Definitions:

Voting Drives

Organized efforts or campaigns aimed at increasing voter registration and participation among eligible voters, often targeting underrepresented groups.

African Americans

A demographic group in the United States with ancestors who were brought from Africa during the transatlantic slave trades and their descendants.

U.S. Senate

One of the two chambers of the United States Congress, comprising senators from each state, tasked with making and passing federal laws.

Presidential Candidacy

The state or condition of being nominated for or announcing an intention to run for the position of President of the United States.