Answer to Question #72370 in Microeconomics for Ivan Jurlina

Question #72370
a product has utility if it
1
Expert's answer
2018-01-10T03:25:04-0500
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Comments

Jasmine
10.01.18, 19:44

Utility is basically the want satisfying power of a commodity. It means that the product has utility if it is able to satisfy the want of an individual.

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