Economy, asked by sid9161, 3 months ago

Distinguish between the following.
1) Utility & Satisfaction

Answers

Answered by Anonymous

Answer:

Utility is different from satisfaction- While utility refers to the want satisfying capacity of a commodity, satisfaction is an expression of the feeling of happiness. Moreover, utility is the anticipated level of satisfaction, while satisfaction is actually realised by the consumer.

Explanation:

⤵️Follow Me...

Answered by shafeeqmnm

utility is different from satisfaction by utility refers to the want satisfying capacity of a commodity satisfaction is an expression of the feeling of happiness moreover utility is the anticipated level of satisfaction while satisfaction is actually realise by the consumer

Previous Question

Next Question

Similar questions

Social Sciences, 1 month ago

What is water cycle for 2nd std short answer ...

Science, 1 month ago

Explain me______ What is Reproduction 1. Define Male reproductive System 2. Define Female reproductive system Along with diagrams Dont feel bad by seeing this question really this is for studies Explain me according To 10th class portion please dont neglect this question please ...

Math, 1 month ago

find 5 root on number line...

Computer Science, 3 months ago

Complete the following code to update a record in a file opened with following code: import pickle fin=open('Stu.dat','rb+') try: while True: _________=fin.tell() stu=pickle.load(fin) if stu['Marks'] in [92,93,94]: stu['Marks']+=3 fin._____ pickle._____ except: ...

Math, 3 months ago