Concept of Utility
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YouTubeEconomics And You -By Kavita Arya
Concept of Utility
In this video, we explain the concept of Utility in Economics at the Grade 11 level. Utility refers to the satisfaction or pleasure derived from consuming a good or service. You will learn about different types of utility, such as total utility and marginal utility, along with their importance in consumer behavior. This explanation will help ...
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