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Utility is the satisfaction derived from?

Utility is the satisfaction derived from?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Production
  • B Distribution
  • C Consumption
  • D Demand
Correct Answer: Option C
Explanation:
Utility in economics refers to the total satisfaction received from consuming a good or service.

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