Economy, asked by bhupenders1995, 1 year ago

meaning of utility ​

Answers

Answered by Anonymous
10

Explanation:

THE STATE OF BEING USEFUL , PROFITABLE OR BENEFICIAL.

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Answered by Pragyajyoti
7

Answer: It is a measure of satisfaction an individual gets from the consumption of the commodities.

Explanation:

Utility is a measurement of usefulness that a consumer obtain from any good . A Utility is a measure of how much one enjoys a movie, favourite food, or other goods. The four types of economic utility are from, time, place and possession.

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