Social Sciences, asked by XxRoshnixX, 1 month ago

Differentiate Between utility and value of a resource.

Answers

Answered by tanishgupta886

Explanation:

Answer. Utility is the economic term for satisfaction. ... However, utility is not the same thing as market value, which is expressed in dollars, because utility is personal and market value is aggregated and impersonal.

Answered by kakashi00

Utility is the economic term for satisfaction. ... However, utility is not the same thing as market value, which is expressed in dollars, because utility is personal and market value is aggregated and impersonal.

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