explain utilities in detail
Answers
Answer:
Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. ... The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service.
Explanation:
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Answer:
Utility refers to the degree of pleasure or satisfaction (or removed discomfort) that an individual receives from an economic act. An example would be a consumer purchasing a hamburger to alleviate hunger pangs and to enjoy a tasty meal, providing her with some utility.
Explanation:
In economics, the utility function measures the welfare or satisfaction of a consumer as a function of the consumption of real goods, such as food or clothing. Utility function is widely used in rational choice theory to analyze human behavior
Some of the examples of the utility programs (Utilities) include: Disk defragmenters, System Profilers, Network Managers, Application Launchers, Antivirus software, Backup software, Disk repair, Disk Cleaners, Registry Cleaners, Disk Space analyzer, file manager, File Compression, Data Security and many more.