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Business, 16.07.2019 14:50, michellemonchez103

What is the economic definition of​ utility?

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Business, 28.07.2019 15:30, Queenashley3232
Carrie wants to open a boat shop right next to the beach. what kind of utility is she implementing? a. possession utility b. place utility c. form utility d. time utility
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Geography, 09.09.2019 18:30, johnsont8377
Remember the definition of utility in economics (total satisfaction received from consuming a good or service). name something you have purchased in the past year. use as much detail as possible to describe how this good or service increased your utility. use complete sentences and appropriate economic terms and concepts learned in this course to support your position.
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Business, 10.10.2019 01:00, Admin
3. balancing utility and price suppose tim has to choose between purchasing high-definition televisions and juice. which of the following is the utility-maximizing rule that tim should follow while choosing the optimal quantities of these two goods? (note: in the answer options that follow, mu stands for "marginal utility.") mu of juice=mu of hdtvs (mu of juice)×(price of juice)=(mu of hdtvs)×(price of hdtvs) mu of juiceprice of juice=mu of hdtvsprice of hdtvs mu of juiceprice of hdtvs=mu of hdtvsprice of juice since juice costs little and high-definition televisions are expensive, it must follow that when people choose their optimal quantities of juice and high-definition televisions to purchase, the marginal utility they receive from the last high-definition television they buy is than the marginal utility they receive from the last gallon of juice they buy.
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History, 09.11.2019 04:31, lberries08
Oracle definition alexander the great definition myths definition aristocrats definition aesop definition phalanx definition socrates definition trojan war definition homer definition sparta definition oligarchy definition monarch definition parthenon definition heliocentric definition pythagoras definition archimedes definition philosopher definition direct democracy definition philip 2 definition alexandria definition hippocrates definition
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