Economy, asked by aaditimhatre834, 1 month ago

there are many features of utility agree or disagree

Answers

Answered by safa20

Answer:

Four characteristics of utility are form, time, place, and possession.

Utility is the want-satisfying power of a commodity. It is the satisfaction, actual or expected, obtained from the consumption of a commodity. Characteristics of Utility are: Utility is psychological: It depends on the mental attitude and assessment of the person consuming the commodity and also his likes and dislikes.

Lavanyameel: thanks

Answered by prangya34

Answer:

there are many features of utility....

Lavanyameel: good

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