Synonym for the economists term utility

I have a problem in economics on Synonym for the economist’s term utility. Please help me in the following question. The reasonably close by synonym for the economist’s term utility is: (1) Consumption. (2) Marginalism. (3) Discontentment. (4) Satisfaction. (5) Multi-faceted.

Please help me in getting the precise answer from the above.

View Complete Question

Related Questions in Microeconomics

Q : Vigorously competitive market

Economic rents which can be capitalized are least possible to arise by: (1) production cost advantages. (2) proprietary knowledge. (3) being first to market a differentiable new product or to innovate a new production technology. (4) a vigorously comp

Q : Regulatory barrier to entry Billy

Billy recently invented and in that case patented a motorized flying skateboard which transports people to and from their destinations in less than half the time this would take to ride or drive a bus. Billy is protected from competition from a: (1) regulatory barrier

Q : Problem of tax on a good I have a

I have a problem in economics on Problem of tax on a good. Please help me in the following question. The tax on a good tends to form: (1) A wedge between the price buyers pay and the price sellers collect. (2) Rises in supply from the perspectives of buyers. (3) More

Q : Long run equilibrium price When

When Christmas tree farming is a decreasing cost industry and this firm is typical, in that case an increase in the market demand for Christmas trees will give in a long run equilibrium price: (1) greater than P1. (2) less

Q : Problem on free market economy A) Using

A) Using appropriate tables and diagrams explain how price and quantity is determined in a free market economy. B) Briefly explain using the diagrams in 4.1 the followings two scenarios C) When

Q : Monopoly market structure When one firm

When one firm controls all production and the price of a good without shut substitutes, there is: (i) monopoly market structure. (ii) violation of the law of demand and supply. (iii) lack of equity although assurance of efficiency. (iv) legal barrier to entry. (v) cer

Q : Sufficient general theory of oligopoly

A sufficient general theory of oligopoly would: (w) merely blend elements from competitive and monopolistic models. (x) qualitatively account for interdependence in decision making in broad terms. (y) closely fit all types of oligopoly markets. (z) de

Q : Labor History-Blacklisting I have a

I have a problem in economics on Labor History-Blacklisting. Please help me in the following question. Firms which colluded by circulating the names of the union organizers and hence they would have complexity getting jobs were engaged is now-illegal

Q : Determine possibly accurate order of

Which of the given in lists of taxes or taxed goods is possibly in accurate order from most backward-shifted to most forward: (w) Tobacco, property, general sales and payroll. (x) Land, payroll, tobacco and property. (y) Tobacco, payroll, corporate in

Q : Different forms of capital account

Different forms of capital account transactions: A) Private Transactions: There are transactions which affect the liabilities and assets of individuals.

Discover Q & A

Leading Solution Library

Avail More Than 1437517 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1956936
Asked

3,689

Active Tutors

1437517

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment