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Meaning and definition of utility

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Meaning and definition of utility
  • 2 answers

Nia Gupta 8 months, 3 weeks ago

Utility means human want satisfying characteristic of a good or services

Rudra Sharma 8 months, 3 weeks ago

Utility refers to the satisfying power of a commodity or we can say nature of a good or service which satisfy human need is called utility. Utility veries from person to person, place to place and time to time.
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