Economy, asked by lalsawialianhna, 5 months ago

what is meant by utility?​

Answers

Answered by Anonymous
4

Here is your answer ;

It is a measure of satisfaction an individual gets from the consumption of the commodities. In other words, it is a measurement of usefulness that a consumer obtains from any good. A utility is a measure of how much one enjoys a movie, favourite food, or other goods.

I hope it helps you mate....

peace ☺️

Answered by Anonymous
6

Answer:

1.the state of being useful, profitable, or beneficial.

2.an organization supplying the community with electricity, gas, water, or sewerage.

3.useful, especially through being able to perform several functions.

4.functional rather than attractive.

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