utility an demand define me
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demand: demand of any commodity refers to the quantities of that commodity which consumers are willing and able to purchase at different price level during a given period of time
utility: utility refers to the want satisfying power of a commodity. it is the ability or capacity to satisfy human wants.
utility may be defined as the amount of satisfaction derived from goods or services at a particular point of time
utility: utility refers to the want satisfying power of a commodity. it is the ability or capacity to satisfy human wants.
utility may be defined as the amount of satisfaction derived from goods or services at a particular point of time
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