What are different types of utility creation?
Question asked by: babul686
Asked on: 21 Jul 2010
Some people say that marketing activity can create utility.
If you want to talk about and know more about utility then it might be worth studying utilitarianism to understand just what utility means in this sense: it is not referring to a utility as in electricity or water.
For others property and physical wealth when received will create utility for the individual who possesses it, for others it will be getting better from an illness or anything that improves the happiness of an individual on a more general level again will be something that creates or at least increases the utility of that individual.
By: knowitall
Replied at: 25 Jul 2010
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