My mother purchased a two wheeler vehicle to me this helped to fulfill my travel needs.At the same time my father also utilized his provident fund amount to set up my classes.
1) Name the type of utility.
2)Explain the meaning of utility
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Meaning of Utility:
The want satisfying power of a commodity is called utility. It is a quality possessed by a commodity or service to satisfy human wants. Utility can also be defined as value-in-use of a commodity because the satisfaction which we get from the consumption of a commodity is its value-in-use.
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