The Power of a Good or Service to Satisfy a Human

question 71

True/False

The power of a good or service to satisfy a human need is called utility.

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Definitions:

Invested

Refers to the allocation of resources, often money, in expectation of generating an income or profit.

Mature

To reach a full or the intended status, particularly in the context of financial instruments achieving their full value.

April

The fourth month of the year in the Gregorian calendar, typically consisting of 30 days.

Lump Payment

A single large payment made for a particular item or service, rather than several smaller installments.