No products in the cart.

What is meant by utility

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What is meant by utility
  • 2 answers

Neeraj Singh 3 years, 5 months ago

Satisfaction derieved from the consumption of commodity

Yogita Ingle 3 years, 5 months ago

Utility Definition – 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. It varies with the amount of desire.

http://mycbseguide.com/examin8/

Related Questions

Why capital denoted by k
  • 1 answers
Unemployment problem in Assam project
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App