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Identify and explain the concept from the given illustration. Rohan created a jewellery box out of pieces of wood. - Economics

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Question

Identify & explain the concept from the given illustration.

Rohan created a jewellery box out of pieces of wood.

Short/Brief Note
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Solution

Concept: Form utility

Explanation:

  1. When utility is created due to the change in shape or form or structure of an existing material, it is called form utility. 
  2. Since Rohan created a jewellery box out of wooden pieces, this illustration is related to the concept of ‘form utility’.
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Chapter 2: Utility Analysis - Identify & explain the concepts from the given illustrations

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SCERT Maharashtra Economics [English] 12 Standard HSC
Chapter 2 Utility Analysis
Identify & explain the concepts from the given illustrations | Q 1
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