In the context of consumer choice theory, utility means:

a. usefulness.
b. satisfaction.
c. practicality.
d. boring.
e. action.

b

Economics

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To evaluate the potential impact of introducing the hybrid Prius auto into the U.S. market, Toyota Motor Corporation would use:

A. normative economic analysis. B. positive economic analysis. C. forensic analysis. D. negative economic analysis.

Economics

Holding everything else constant, the U.S. real exchange rate with Thailand will increase if the dollar depreciates

Indicate whether the statement is true or false

Economics