A products utility to a buyer is measured by ______. a) its usefulness b) its price c)

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A product’s utility to a buyer is measured by ______.

a) its usefulness

b) its price

c) how much the buyer is willing to pay for it

d) none of the above

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 29, 2024 07:01 AM

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A products utility to a buyer is measured by ______. a) its usefulness b) its price c)

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The correct answer is c how much the buyer is willing to pay for it Explanation ...View the full answer

Microeconomics

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