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Q: What is the utility concept that economist use to measure?
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What concept do economists use to measure the satisfaction a person gets from the use or consumption of goods and services?

The concept of utility is a measure of consumer satisfaction.


WHAT Economists Use The Concept Of To Measure The Satisfaction A Person Gets From The Use Or Consumption Of Goods And Services.?

The concept of utility is a measure of consumer satisfaction.


Utility is the concept that economists use to measure the a person gets from the use or consumption of goods and services.?

satisfaction


What Utility is the concept that economists use to measure the a person gets from the use or consumption of good and services?

Satisfaction


Economists use the concept of what to measure the satisfaction a person gets from the use or consumption of a good and services?

Utility


When economist refer to a products usefulness they use the term?

Utility


Which of the following is uded by economists to measure the satisfaction a person gets from the use or consumption of goods and services?

The concept of utility.


How people use goods and services to satisfy their wants and needs is called?

Utility is the term used to measure the satisfaction of goods purchased and used. The concept of utility is abstract, since every person's utility is different.


What type of noun is use?

The noun 'use' is a singular, common, abstract noun; a word for the purpose or utility of something; a word for a concept.


Where can I find a measure conversion?

You can use a website such as www.onlineconversion.com. or you can download a software utility to use offline such as the one from www.unitconversion.org.


What do economist's use?

I don't know dude


What do economists use to measure the personal satisfaction someone gets from consuming goods and services?

Utility because it's a term in economics that refers to the total satisfaction received from consuming a good or service.