मराठी

Which of the following statements correctly shows how utility can change?

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प्रश्न

Which of the following statements correctly shows how utility can change?

पर्याय

  • Utility always stays the same for every person

  • Utility never depends on place or time

  • Utility can increase or decrease based on someone's need and the situation

  • Utility only depends on the market price

MCQ
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उत्तर

Utility can increase or decrease based on someone's need and the situation

Explanation:

Utility is subjective; it varies with each person, place, and circumstance, such as hunger or weather.

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