2 Answers

Razu · Answer 1 · 2018-07-01T01:41:50+0000

Answer:

Economic utility is the amount of satisfaction a consumer receives from the consumption of a particular product or service.

Step-by-step explanation:

Jason Short · Answer 2 · 2018-07-04T14:46:10+0000

The capacity of a good or service to meet the demand of a consumer. The amount of economic utility of a good or service determines what the demand will be for that good or service, which impacts the price that people will be willing to pay to obtain it

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