Home / Aptitude Tests / Economics / What is meant by uti...

What is meant by utility?

...

What is meant by utility?

A.

Amount of money derived by a manufacture

B.

A number of things a consumer will enjoy at a time

C.

Amount of satisfaction derive from the consumption of a commodity at a particular time

D.

Amount of satisfaction giving to a producer

E.

Total profit producers will get at a particular time

Correct answer is C

No explanation has been provided for this answer.