Question

Utility is directly linked with usefulness of a commodity. true or false. give reason.

Answer 1

False
Becz it is also determined by the desire or need of the consumer.
For eg: in winter season icecream will not have same utility as it will have in summer season though the goods is same but it's utility level differs from situation and consumer.

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Answer 2

Answer:

False. Utility refers to satisfaction derived from the good and not its usefulness. A good providing utility to its consumer may or may not ...

Explanation: