Question

what is the definition of utility​

Answer 1

A service provided for the public such as water, electricity, gas etc is called utility.

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Answer 2

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.

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