Difference between revisions of "Utility"

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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.
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Sometimes quantified in 'utils'.
  
  

Revision as of 08:44, 5 June 2018

1.

An economic measure of satisfaction gained from consumption of goods or services.

Sometimes quantified in 'utils'.


2.

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


See also