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Question
Form utility : Furniture : : ______ : Doctor
Solution
Form utility : Furniture : : Service utility : Doctor
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RELATED QUESTIONS
Explain Place utility and Time utility?
Answer the following question .
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Explain, with reasons, whether you Agree or Disagree with the following statement
There is no relationship between marginal utility and total utility.
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Service utility.
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From Utility and Place Utility.
Distinguish between Any FOUR of the following :
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Utility is subjective.
State whether the following statements are True or False with reasons :
Utility of the same commodity for two persons is different.
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Choose the correct option:
| Column A | Column B |
| 1) Time utility | a) Transport |
| 2) Place utility | b) Blood bank |
| 3) Service utility | c) Mobile phone |
| 4) Knowledge utility | d) Doctor |
Identify and explain the concept from the given illustration:
Salma purchased a sweater for her father in the winter season.
Identify and explain the concept from the given illustration:
Nilesh purchased ornaments for his sister.
Give economic term:
Swati purchased raincoat for her father in rainy season.
Complete the correlation:
______ : Chair from wood : : Knowledge utility : Textbook.
Find the odd word out:
Service utility:
Give an economic term:
Utility is derived from changing the size, shape, appearance, etc., of a commodity.
Find the odd word out:
Types of utility:
Give an economic term:
A utility derived by making pots from clay.
Identify and explain the concept from the given illustration:
Shailesh purchased ornaments for his sister.
Blood donation has ______ utility.
Find the odd word out:
Form utility:
Blood bank is an example of ______.
- Place utility
- Knowledge utility
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