A. Production
B. Distribution
C. Consumption
D. Demand
Correct Answer:
Option A – Production
Explanation
Utility is an economic term introduced by Daniel Bernoulli referring to the total satisfaction received from consuming a good or service.
Management Accounting And Functions
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Basic Accounting Conventions
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Qualities And Objectives Of Financial Accounting
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Basic Accounting Conventions
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Budgeting Process in Nigerian Education
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