Think of the last time you had to make a thoughtful purchasing decision. This could be any type of purchase from a car to a phone, or entertainment l. What questions did you ask when making your decision. How would your decision change if your considering the concept of substantially utility?

Think of the last time you had to make a thoughtful purchasing decision. This could be any type of purchase from a car to a phone, or entertainment l. What questions did you ask when making your decision. How would your decision change if your considering the concept of substantially utility?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter8: Vehicle And Other Major Purchases

Section: Chapter Questions

Problem 3LTAI

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Substantial utility is the idea that a product's value is determined by its usefulness and satisfaction it provides, not just its price. It considers long-term value and factors like quality, performance, and sustainability

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