question 2 which describes the economic idea of utility? amount of money consumers are willing to spend…

question 2 which describes the economic idea of utility? amount of money consumers are willing to spend level of satisfaction consumers feel over purchases content of advertising aimed at changing spending habits number of resources required to produce a good or service 1.5 pts

question 2 which describes the economic idea of utility? amount of money consumers are willing to spend level of satisfaction consumers feel over purchases content of advertising aimed at changing spending habits number of resources required to produce a good or service 1.5 pts

Answer

Brief Explanations:

Utility in economics refers to the satisfaction or benefit that consumers derive from consuming a good or service. It is related to the level of satisfaction consumers feel over purchases.

Answer:

level of satisfaction consumers feel over purchases