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- Dictionaryu·til·i·ty/yo͞oˈtilədē/
noun
- 1. the state of being useful, profitable, or beneficial: "he had a poor opinion of the utility of book learning"
- 2. an organization supplying the community with electricity, gas, water, or sewerage.
adjective
- 1. useful, especially through being able to perform several functions: "a utility truck"
- 2. functional rather than attractive: "utility clothing"
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3 days ago · In economics, utility refers to the satisfaction gained from consuming a good or service. Total utility is usually defined as a quantifiable summation of satisfaction or happiness...
- Marginal Utility
Marginal utility is the additional satisfaction a consumer...
- Marginal Utility
5 days ago · The word utility is used to mean general well-being or happiness, and Mill's view is that utility is the consequence of a good action. Utility, within the context of utilitarianism, refers to people performing actions for social utility.
1 day ago · In economics utility is a measure of the satisfaction that a certain person has from a certain state of the world Over t
5 days ago · A marginal benefit is the added satisfaction or utility a consumer enjoys from an additional unit of a good or service.
5 days ago · What Are Household Expenses? Household expenses are general living expenses, broken down according to the number of individuals in a household. They include the amounts paid for lodging, food...
4 days ago · Electric Utility Defined. An electric utility organization produces and delivers electric energy to the public. Utilities are usually found as Investor-Owned Utilities (IOUs), although other types of utilities exist.
2 days ago · v. t. e. Renewable energy (or green energy) is energy from renewable natural resources that are replenished on a human timescale. The most widely used renewable energy types are solar energy, wind power, and hydropower. Bioenergy and geothermal power are also significant in some countries.
