Economy, asked by anshikagarwal2946, 7 months ago

Utility may be defined as

Answers

Answered by priyankadanu113

0

Explanation:

Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. Economic theories based on rational choice usually assume that consumers will

strive to maximize their utility. ... In practice, a consumer's utility is impossible to measure and quantify.

hope it hepls you...

plz follow me..

Previous Question

Next Question

Similar questions

Math, 3 months ago

give me correct answer...

Science, 3 months ago

9 4 4. How is soil eroded by water?

Biology, 3 months ago

define emulsification i will mark you as brilliant ...

Accountancy, 7 months ago

Karan opened a business of Sports Equipment on April 1, 2015 and named it as Sporty Karan. Karan has provided the following transactions where he got stuck and asks for your help for preparing Journal- 2015, April 8 Sports equipment purchased worth Rs. 70,000 and paid half amount immediately to the supplier, Mr. Juneja. (0.5) 15 Sold a Badminton Racket worth Rs. 3,000 to Priya and she told him...

English, 7 months ago

Than careful better to is it be sorry to...

Biology, 11 months ago

why dead bodies float in water?

Computer Science, 11 months ago

intrrogative sentences end with a ...

Math, 11 months ago

Solve for the unknown 5x - 3 = 12 PLEASE DO FULL METHOD BECAUSE I HAVE THE DIRECT ANSWER. PLEASE DO FULL METHOD PLZZZZZZZZ...