Utility from consuming a good is understood by economists to mean;  (a)  how often we consume the good. (b)  how much satisfaction or benefit we get from consuming the good. (c)  how much it costs to buy the good. (d)  how we best use the good.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter3: Your Role As A Consumer
Section3.3: Consumerism
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  1. Utility from consuming a good is understood by economists to mean; 

    1. (a)  how often we consume the good.

    2. (b)  how much satisfaction or benefit we get from consuming the good.

    3. (c)  how much it costs to buy the good.

    4. (d)  how we best use the good.

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