Geography, asked by harsh7572, 1 year ago

Define utility in short

Answers

Answered by Dayne

Utility is an economic term introduced by Daniel Bernoulli referring to the total satisfaction received from consuming and good and service.
I hope it helps you.
✴✴✴✴✴✴✴✴
plz Mark me as brainliest.
✴ ✴ ✴ ✴ ✴

Answered by ItzPearlStealer

Answer:

Utility refers to ability or capacity of any commodity to satisfy human wants.

Previous Question

Next Question

Similar questions

English, 8 months ago

5.2) One must abide 5.3) The rider fell the rules of the road. his horse.

Physics, 8 months ago

A bullet of mass 10g traveling with a velocity of 100 m/s penetrates in a wooden plank and is brought to rest in 0.01s Find : (a) the distance through which the bullet penetrates in the wooden plank (b) the force exerted on the bullet.

Math, 8 months ago

गति समीकरण को समझादा उदाहरण सहित...

Environmental Sciences, 1 year ago

Terapunchi gets more than 1100 rainfall every year but only 55 km away silans gets only about 100 cm of rainfall. explain why so contrasted...

Geography, 1 year ago

Classify the himalayas on different bases?

Math, 1 year ago

if a, b, c are unit vector such that a+b+c=0,find the value ab+bc+ca=0...

Hindi, 1 year ago

Samvad lekhan in hindi for class 8...

Physics, 1 year ago

Find the relative density of copper block of mass 216g having volume of 80cm3 (density of water= 1g/cm3)...