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Questions
Identify and explain the concept from the given illustration:
Lalita satisfied her want of writing an essay by using pen and notebook.
Identify and explain the following concept:
Manisha satisfied her want of writing an essay by using pen and notebook.
Explain
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Solution
Concept: Utility
Explanation:
Utility is the capacity of a commodity to satisfy human wants. In other words, utility is the want satisfying power of good. Pen and notebook have utility to satisfy Lalita's/Manisha's want for an essay. Thus the concept is utility.
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