Question

Ulilities are in the nature of​

Answer 1

Answer:

Utility is the basic characteristic which is present in all goods even garbage has a utility for a person who make compost out of it derive utility from the garbage. Utility has no physical existence it means it can be transferred from one person to another it can only be thinked.

Answer 2

Answer:

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• ➫ Four characteristics of utility are form, time, place, and possession. Form utility is the value that an item has based on the form that it takes.