Distinguish between: Utility and satisfaction

Answer»

tility	Satisfaction
It is the want satisfying power of a commodity	It is the feeling of happiness derived by the consumer.
Utility is derived or obtained by a person.	Satisfaction is experienced by the person.
It is the anticipated level of satisfaction.	It is actually realised by the consumer.
It is the starting point of consumption.	It is the end result of consumption.

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