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प्रश्न
What is utility?
अति संक्षिप्त उत्तर
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उत्तर
Want satisfying power of a good is called utility. Prof. Hibdon defined, “Utility is the ability of a good to satisfy a want”.
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संबंधित प्रश्न
Utilities are in the nature of
______ means want satisfying power of a product.
Match the following
| 1. | Primary production | Adam smith |
| 2. | Time utility | fishing, mining |
| 3. | Wealth of nation | entrepreneur |
| 4. | Human capital | stored for future |
| 5. | Innovator | education, health |
What is production?
Name the types of utility
______ can be both customers of the producers and suppliers to the producers.
Explain the types of utility.
There are two kinds of people ______ and ______.
Sugarcane is a ______ plant.
What is place utility? Give example.
