Question

16 true or false 5 points
the function of an economy is to produce and distribute goods and services.
true
false
17 multiple choice 5 points
when you mention the term \utility\, you are usually measuring __________.
who the heck knows? im just a student. youre the teacher. you figure it out!
profits and costs
supply and demand
usefulness and satisfaction

Explanation:

For question 16: The core function of any economy is to organize the production of goods and services and allocate/distribute them to meet societal needs.
For question 17: In economics, "utility" is defined as the satisfaction or usefulness a consumer gains from a good or service, which rules out the other incorrect options.

Answer:

1. True
2. Usefulness and Satisfaction