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26 March, 14:22

9. In economics, the term utility refers to what?

A. The price of a product

B. The usefulness of a product

C. The production cost of a product

D. The re-sale value of a product

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Answers (2)
  1. 26 March, 14:26
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    I'm pretty sure the answer is B. the usefulness of a product
  2. 26 March, 14:40
    0
    B

    Explanation:

    The term refers to the happiness, benefit, value or satisfaction a person gets from consuming the good or service.
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