Define The Utility And Discuss The Various Concept Of Utility?
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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.
2. Utility means the satisfaction which a person drives from the consumption of any commodity.
"Concepts"
Initial, Positive, Zero, Negative, Marginal Utility.
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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
www.definethat.com
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