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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Define Utility. - Economics

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Question

Define Utility.

Definition

Solution

The utility is the capacity of a commodity to satisfy human wants.

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Cardinal Utility Analysis
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Chapter 2: Consumption Analysis - Model Questions - Part B [Page 52]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 2 Consumption Analysis
Model Questions - Part B | Q 21 | Page 52
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