Question

difference b/w usefullness and utility

Answer 1

Utility

Usefulness

 

The capability of a product to satisfy human want is referred as utility.

 

 

 

The concept of utility is related to all those products which provide utility, irrespective of whether they are useful or harmful.

 

 

All those products which provide satisfaction to the consumer are considered to have utility. These may include even those products which are not useful but harmful. The examples in this situation may be the addictions like cigarette and alcohol.

 

Usefulness is associated with those goods and services which are useful and are related to the betterment of the human beings.

 

The product’s usefulness is related to its ability to create wellbeing for the humans. The products which do not create such well being may not create usefulness.

 

 

Products like groceries, medicines and so on could be said to have usefulness. It simply means that usefulness is rooted in the well being.

Answer 2

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Though they appear to be similar, there is a subtle difference between both the concepts. Usefulness is product or object centric, whereas utility is satisfaction or consumer centric. Also,utility is more subjective thanusefulness.