Difference between revisions of "Utility"

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(Qualify quantification.)
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* [[Indifference curves]]
 
* [[Indifference curves]]
 
* [[Marginal utility]]
 
* [[Marginal utility]]
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[[Category:Knowledge_and_information_management]]
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[[Category:The_business_context]]

Revision as of 16:03, 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