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Distinguish Between Any Four of the Following : Utility and Usefulness. - Economics

 Distinguish between Any FOUR of the following :    

 Utility and Usefulness. 

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Solution

Basis of Difference Utility Usefulness
Meaning It is the want satisfying power of a commodity It is the benefit obtained from a commodity
Indicates It signifies the level of satisfaction It indicates value in use of a commodity
Concept: Types of Utility
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