Question

what does the utility of a consumer represent ?​

Answer 1

Explanation:

Utility represents the satisfaction that consumers receive for choosing and consuming a product or service. Economists track consumer choices to ascertain the utility of one product versus another and assign a numerical value to that utility.

Answer 2

Answer:

Utility represents the satisfaction that consumers receive for choosing and consuming a product or service. Economists track consumer choices to ascertain the utility of one product versus another and assign a numerical value to that utility.

Explanation:

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