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प्रश्न
State whether true or false:
Utility is directly linked with the usefulness of a commodity.
चूक किंवा बरोबर
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उत्तर
This statement is false.
Reason:
- Utility means the want-satisfying power of a commodity, not necessarily its usefulness.
- Utility is subjective and varies from person to person.
- A commodity may be harmful yet still have utility for someone; for example, liquor may give utility to an alcoholic.
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