Utility cannot be link usefulness true or false
dear student,
False: Utility refers to satisfaction derived from the consumption of goods and not from its usefulness. A good providing utility to its consumer may or may not be useful to him.
For example, a drug addict obtains satisfaction from drug consumption. However, drugs are not useful to him.
Regards
False: Utility refers to satisfaction derived from the consumption of goods and not from its usefulness. A good providing utility to its consumer may or may not be useful to him.
For example, a drug addict obtains satisfaction from drug consumption. However, drugs are not useful to him.
Regards