difference between Utility and satisfication in pointwise
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UTILITY
•In economics, utility is a measure of relative satisfaction.
•In other words, it is a term referring to the total satisfaction received by a consumer from consuming a good or service.
•utility stands for usefulness/helpfulness
SATISFACTION
•The fulfilment or gratification of a desire, need, or appetite.
•Pleasure or contentment derived from such gratification.
•satisfaction is pleasure, happiness or contentment.
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