Question

A state of mind to feel happy. (give ecnomic term)​

Answer 1

Explanation:

Utility and happiness are two different concepts. On one hand, utility is the want satisfying capacity of a commodity. On the other hand, happiness is a state of mind. ... Moreover, utility is the anticipated level of satisfaction while happiness is actually realised by the consumer.

Or simply Happiness

Answer 2

utility and happiness are two different concepts on one hand, utility is the want satisfying capacity of commodity. on the other hand, happiness is the state of mind .... more over utility is the anticipated level of satisfaction while happiness is actually realised by the consumer.