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Gelneren [198K]
3 years ago
5

What is the want satisfying power of commodity called ?

Social Studies
1 answer:
Leya [2.2K]3 years ago
5 0

Answer:

In Economics, the want satisfying power of a commodity is called “utility”. Utility is the capacity of a commodity to satisfy particular human want.

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A mnemonic, also known as a memory aid, is a tool that helps you remember an idea or phrase with a pattern of letters, numbers, or relatable associations. Mnemonic devices include special rhymes and poems, acronyms, images, songs, outlines, and other tools. Mnemonic (pronounced ni-mon-ik) is derived from the Greek phrase mimnēskesthai meaning to “remember.”

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This mnemonic is useful for remembering the strings of a guitar in proper order from left to right.

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