a
Production
b
Distribution
c
Consumption
d
Demand
Explanation
Correct Option
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Discussions (7)

toludestiny
7 years ago
The answer should be C.... Utility is d satisfaction derived from the consumption of good or service while production creates utility

Kaycee30
2 years ago
Consumption is the correct Answer @myschool.ng , please cross-check your analysis
Utility is the satisfaction or benefit derived from consuming goods or services. It represents the subjective value or usefulness that individuals attribute to the consumption of a particular product or service. Utility can vary from person to person and can be influenced by factors such as preferences, tastes, and individual circumstances.



