Question

Define utility?
very short
please help​

Answer 1

Utility is a term in economics that refers to the total satisfaction received from consuming a good or service.The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service.

Answer 2

Answer:

Utility is a term in economics that refers to the total satisfaction received from consuming a good or service.

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