Question

Punk-rocker Pete is feeling insecure about his long-term relationship with economist Elaine. At the conclusion of a recent date, he tells Elaine, "I feel that I derive much more utility from this relationship than you." Elaine tells him that his claim is ridiculous because:

Answer 1

The claim that one person derives more utility from a relationship than another is subjective and cannot be objectively measured or compared.

Step-by-step explanation:

When Punk-rocker Pete claims that he derives more utility from his relationship with economist Elaine, she dismisses his claim as ridiculous. Utility refers to the satisfaction or benefit one obtains from consuming or experiencing something. In economics, utility is subjective and varies from individual to individual. Elaine tells Pete that his claim is baseless because utility is a personal perception and cannot be quantified or compared between individuals.