Question

write about Jevons three dimensional concept of utility​

Answer 1

Answer:

Marginal utility is the added satisfaction that a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase.

Answer 2

Answer:

This dimension,our utility for a commodity depends upon the demand of a product.For example. If we like butter toast,we may not eat it everyday but if we are hungry and do not have any other good item then we need it the most.