Question

utility and value of resources that it from time to time and place to place give any three example to supported the statement​

Answer 1

Answer:

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Answer 2

Answer:

utility means satisfaction of human wants.

Explanation:

example for utility:- the man wants to buy the coconut drink. There are two coconut shop. First shopkeeper told that 1 coconut is $.5 and another shop keeper told that 1 coconut is $.10

so that the man buys in first shop which is $5 for a coconut drink gets more utility.

example for value of resources:- Any manufacture of products produced more when the demand is high but on low price at fix time and place for the demand of customer more purchase in festivals and also as seasons etc..,,