Social Sciences, asked by Hinami, 1 year ago

what do you understand by term utility

Answers

Answered by dfgh4
5
Utility is a term used by economists to describe the measurement of "useful-ness" that a consumer obtains from any good. ... Utility may measure how much one enjoys a movie, or the sense of security one gets from buying a deadbolt.

ridhimaaggarwal: the state of being useful, profitable, or beneficial.
geniusmen: ya
Answered by geniusmen
2
the state of being useful, potable or beneficial
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