Deprecated: Return type of AdvancedAds\Abstracts\Data::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home/erudites/web/erudites.ng/public_html/wp-content/plugins/advanced-ads/includes/abstracts/abstract-data.php on line 431
Utility Is The Satisfaction Derived From The? - Erudites Academy

A. distribution of goods and services
B. use of goods and services
C. demand of goods and services
D. production of goods and services

Correct Answer:

Option B – use of goods and services

Explanation

Utility is simply the satisfaction a consumer derives from the consumption of goods and services.

Copyright warnings! Do not copy.

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.