Distinguish between: 1. Utility and usefulness


Distinguish between:
1. Utility and usefulness
ANSWER:
1)

Utility
Usefulness
It is the want satisfying power of a commodity.
It is the benefit obtained from a commodity.
It signifies the level of satisfaction.
It indicates value in use of a commodity. 
A commodity that possesses utility may not always be useful.
A commodity that is useful will always possess some utility. 

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