Define The Utility And Discuss The Various Concept Of Utility?

khuram idrees answered

1. The power of the commodity to satisfy the human wants is called utility.
2. Utility means the satisfaction which a person drives from the consumption of any commodity.
"Concepts"
Initial, Positive, Zero, Negative, Marginal Utility.

Aisha answered

Utility is an application which performs special function for a system or on its files. For instance, a scandisk is a Windows utility which checks the hard drives for errors. For more information, see the link below:

www.definethat.com

Define The Utility And Discuss The Various Concept Of Utility?

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