Question

Utility and value of a resource vary from time to time and place to place.Give three examples to support this statement.

Answer 1

Yes, Utility is the usability of an object and value is its worth. I can support this statement through the following examples:
-A wagon was an essential part of the old times. But due to technological advances, we have high speed cars and trucks. Thus, from time the value of the wagon has degraded.
-If one takes gold to Africa, it's of no value because Africa is diverse in precious metals. If we take the same gold to say, Spain, It would be more valuable. Thus, value changes from place to place

Answer 2

mark as a brinlist answet