The reading selection says that economists have been reluctant to examine goals which involve:

status.
services.
luxury.
pornography.


What are economists talking about when they talk about utility?

A measurement of happiness that is obtained from brain waves
An imaginary measurement of benefits that people get from goods and services
A measurement of preferences that separates need from wants
A measure that tells whether people really use what they want or if they want frivolous things


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