History, asked by diamonddinesh23456, 1 month ago

What is utility what is utility​

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Answered by Ambardeep
5

Answer:

Within economics, the concept of utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness within the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill.

Answered by aaron2008
1
a service provided for the public, such as a water, gas or electricity supply

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