Difference between revisions of "Utility"

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1. An economic measure of satisfaction gained from consumption of goods or services, measured in 'utils'.
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An economic measure of satisfaction gained from consumption of goods or services, measured in 'utils'.
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2.
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A firm providing necessity goods and services, such as water supplies.
  
2. A firm providing necessity goods and services, such as water supplies.
 
  
 
== See also ==
 
== See also ==
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* [[Indifference curves]]
 
* [[Indifference curves]]
 
* [[Marginal utility]]
 
* [[Marginal utility]]
 
 

Revision as of 10:51, 14 August 2013

1.

An economic measure of satisfaction gained from consumption of goods or services, measured in 'utils'.


2.

A firm providing necessity goods and services, such as water supplies.


See also