Business, 07.10.2019 21:10 aysenazz

What role does play in the economic model of consumer behavior? when modeling consumer behavior, utility
a. reflects the satisfactionsatisfaction a consumer receives from consuming a particular set of goods and services.
b. identifies the consumer who receives the most satisfaction from consuming a particular set of goods and services.
c. identifies the combination of goods and services that is leastleast expensive.
d. provides an objective measure of enjoymentenjoyment from consuming a particular set of goods and services in units called "utils."
e. identifies the combination of goods and services that can be produced most efficiently.

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