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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Identify the correct characteristics of utility - Economics

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Question

Identify the correct characteristics of utility

Options

  • It is equivalent to ‘usefulness’

  • It has moral significance

  • It is same as pleasure

  • It depends upon consumer’s mental attitude

MCQ

Solution

It depends upon consumer’s mental attitude

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Basic Concepts in Economics
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Chapter 1: Introduction to Micro Economics - Model Questions - Part A [Page 22]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 1 Introduction to Micro Economics
Model Questions - Part A | Q 17 | Page 22
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