When Economists speak of the utility of a certain product, they are re

1.	When Economists speak of the utility of a certain product, they are referring to:
Answer» <html><body><p>Demands for the product<br/>Usefulness of the product in consumption<br/>Satisfaction <a href="https://interviewquestions.tuteehub.com/tag/gained-2665852" style="font-weight:bold;" target="_blank" title="Click to know more about GAINED">GAINED</a> from consuming such product<br/>Rate at which consumers are willing to <a href="https://interviewquestions.tuteehub.com/tag/exchange-454713" style="font-weight:bold;" target="_blank" title="Click to know more about EXCHANGE">EXCHANGE</a> <a href="https://interviewquestions.tuteehub.com/tag/one-585732" style="font-weight:bold;" target="_blank" title="Click to know more about ONE">ONE</a> <a href="https://interviewquestions.tuteehub.com/tag/good-1009017" style="font-weight:bold;" target="_blank" title="Click to know more about GOOD">GOOD</a> for another</p>Answer :C</body></html>

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