Asked by Tyler Thompson on Jun 14, 2024
Verified
How much _____ Susan obtains from eating green beans is a measure of the utility of green beans for her.
A) efficiency
B) usefulness
C) cost
D) satisfaction
Utility
In economics, refers to the total satisfaction received from consuming a good or service.
Satisfaction
The fulfillment or gratification of a desire, need, or appetite.
Green Beans
Edible green pods from certain cultivars of the common bean, often consumed cooked as a vegetable.
- Analyze the link between utility, consumption habits, and the satisfaction of consumers.
Verified Answer
VN
Venessa NevarezJun 16, 2024
Final Answer :
D
Explanation :
Utility refers to the satisfaction or usefulness that someone gains from consuming a particular good or service. The amount of utility that Susan obtains from eating green beans is a measure of how much satisfaction she gains from consuming them. Therefore, the best choice is D) satisfaction.
Learning Objectives
- Analyze the link between utility, consumption habits, and the satisfaction of consumers.