Distinguish between utility and satisfaction
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Total utility is the aggregate sum of satisfaction or benefit that an individual gains from consuming a given amount of goods or services in an economy." ... Normally,satisfaction is used with an emotion and satiation with hunger, but the two are really interchangeable.Jun 11, 2018
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Utility can be defined as the state of being useful, profitable, or beneficial. It involves a service that is used by the public, such as an gas or electricity, supply or plumbing.
And Satisfaction refers to the fulfillment of one's wishes, expectations, or needs, or the pleasure derived from this.
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