Economy, asked by kojha1925, 5 days ago

deffrence between form utility knowledge utility​

Answers

Answered by MOHITHROYAL8
1

Answer:

When a person gains information about a product, he or she gains knowledge utility

The use of a mobile phone, computer, or other device generates knowledge usefulness is form utility.

Explanation:

Answered by shreyaberry8
2

Knowledge Utility:  

1. Knowledge utility arises when a person acquires knowledge regarding a product.

2. Use of mobile, computer, etc. creates knowledge utility.  

3. Knowledge utility increases due to utilisation.

form Utility:

1. Possession utility arises when the ownership of a product is transferred from one person to another.

 2. Sale and purchase of goods creates possession utility.

 3.Possession utility increases due to demand.

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