Utility/Definition: Difference between revisions

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imported>Chris Day
(New page: <noinclude>{{Subpages}}</noinclude> A concept used as an organising device for presenting the rationales of many of the theories of microeconomics.)
 
imported>Nick Gardner
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A concept used as an organising device for presenting the rationales of many of the theories of  microeconomics.
A concept used in economic theory to denote the amount of satisfaction that an individual derives from a product.

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A definition or brief description of Utility.

A concept used in economic theory to denote the amount of satisfaction that an individual derives from a product.