Question

distinguish between form utility and knowledge utility​

Answer 1

Answer:

When doctors, teachers, lawyers, engineers, etc. satisfy human wants through their services, they create service utility. ... When the utility of a commodity increases with the increase in knowledge about its use, it is the creation of knowledge utility through propaganda, advertisement, etc.

Answer 2

Structure of a particular material and gaining information is the difference between form utility and knowledge utility​

Explanation:

• In economics, utility refers to the complete satisfaction gained from consuming an item or service. The economic usefulness of an item or service is critical to comprehend since it has a direct impact on demand, and hence pricing, for that service or product.
• When the structure of a particular material alters, form utility emerges. As an example, consider wood furniture. Form usefulness is created by technology and intellect.
• When a person gains information about a product, he or she gains knowledge utility. The use of a mobile phone, computer, or other device generates knowledge usefulness. In this situation, the consumer is curious about the product's numerous functionalities. The utility of knowledge grows as it is used.