An Item Has Utility for a Consumer If It

question 59

Multiple Choice

An item has utility for a consumer if it

• A)is scarce.
• B)has a high price.
• C)is something everyone else wants.
• D)generates enjoyment or satisfaction.

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Definitions:

Diagnostic Labels

Terms or classifications used in healthcare to identify and categorize conditions or disorders based on standardized criteria.

Assessment Tool

Instruments or procedures used to evaluate or measure specific characteristics, abilities, or conditions.

Categorical

Relating to, or based on the classification of people or things into specifically defined groups.

Dimensional

Pertains to an approach in psychology and psychiatry that quantifies symptoms or characteristics on a continuum, rather than categorizing them as present or absent.