Identify the correct characteristics of utility
a. It is equivalent to ‘usefulness’
b. It has moral significance
c. It is same as pleasure
d. It depends upon consumer’s mental attitude
Answers
Answered by
1
❤ Answer - ❤
ɪ - Iᴛ ɪs ᴇϙᴜɪᴠᴀʟᴇɴᴛ ᴛᴏ 'UsᴇғᴜʟɴᴇsS'
⏬Mᴏʀᴇ Aᴅᴅɪᴛɪᴏɴᴀʟ Iɴғᴏʀᴍᴀᴛɪᴏɴ⏬
Uᴛɪʟɪᴛʏ sɪᴍᴘʟʏ ᴍᴇᴀɴs ᴛʜᴇ ᴀʙɪʟɪᴛʏ ᴛᴏ sᴀᴛɪsғʏ ᴀ ᴡᴀɴᴛ. A ᴄᴏᴍᴍᴏᴅɪᴛʏ ᴍᴀʏ ʜᴀᴠᴇ ᴜᴛɪʟɪᴛʏ ʙᴜᴛ ɪᴛ ᴍᴀʏ ɴᴏᴛ ʙᴇ ᴜsᴇғᴜʟ ᴛᴏ ᴛʜᴇ ᴄᴏɴsᴜᴍᴇʀ.
Fᴏʀ ɪɴsᴛᴀɴᴄᴇ—
A ᴄɪɢᴀʀᴇᴛᴛᴇ ʜᴀs ᴜᴛɪʟɪᴛʏ ᴛᴏ ᴛʜᴇ sᴍᴏᴋᴇʀ ʙᴜᴛ ɪᴛ ɪs ɪɴᴊᴜʀɪᴏᴜs ᴛᴏ ʜɪs ʜᴇᴀʟᴛʜ.
Uᴛɪʟɪᴛʏ ɪs ᴍᴇᴀsᴜʀᴇᴅ ɪɴ ᴜɴɪᴛs ᴄᴀʟʟᴇᴅ ᴜᴛɪʟs, ᴡʜɪᴄʜ ʀᴇᴘʀᴇsᴇɴᴛ ᴛʜᴇ ᴡᴇʟғᴀʀᴇ ᴏʀ sᴀᴛɪsғᴀᴄᴛɪᴏɴ ᴏғ ᴀ ᴄᴏɴsᴜᴍᴇʀ ғʀᴏᴍ ᴄᴏɴsᴜᴍɪɴɢ ᴀ ᴄᴇʀᴛᴀɪɴ ɴᴜᴍʙᴇʀ ᴏғ ɢᴏᴏᴅs.
Similar questions