Question: Which statement is true? ( LO1 ) a) The utility of a plasma TV is greater than the utility of a 2001 Honda Accord. b)

Which statement is true? ( LO1 )

a) The utility of a plasma TV is greater than the utility of a 2001 Honda Accord.

b) A $50 ticket to a Broadway show provides the ticket-holder with more utility than a $100 ticket to a different Broadway show.

c) No one would pay for a service that provided him with no utility.

d) A one-hour dance lesson would provide ten different people with exactly the same utility.

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