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Subjects>Business>Economics

For economist the word utility means?

Updated: 9/16/2023

Wiki User

∙ 14y ago

Best Answer

Its an individuals perception of happiness. For some its making money and spending it. Yet for some its saving it and giving it away.

Wiki User

∙ 14y ago

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Continue Learning about Economics

What does the word speculations mean to an economist?

Speculation to an economist means making high-risk investments with borrowed money

When economist refer to a products usefulness they use the term?

Utility

When an economist says that the demand for a product has increased this means that?

When an economist says that the demand for a product has increased this means that

When the economist says that economic wants are insatiable this means that?

It means that there are limited resources to satisfy the unlimited wants of individuals.

Who owns the economist?

The Publication Economist is owned by the Economist Group. Half of the Economist Group is owed by Pearson PLC via Financial Times. The rest of the Economist Group is owned by independent shareholders.

Related questions

What does the word speculations mean to an economist?

Speculation to an economist means making high-risk investments with borrowed money

When economist refer to a products usefulness they use the term?

Utility

What is a 7 letter word that means usefulness?

utility

When an economist says that the demand for a product has increased this means that?

When an economist says that the demand for a product has increased this means that

Can you give an example of a simple sentence using the word economist?

The economist is a specialist in economics.

What does speculation mean to economist?

Speculation to an economist means making high-risk investments with borrowed money

What is the meaning is the phrase ceteris paribus to an economist?

It means "everything else being equal". Not just to an economist, BTW

What the meaning of the phrase ceteris paribus to an economist?

It means "everything else being equal". Not just to an economist, BTW

How many word are in the word utility?

UTILITY, lit, til, Tut, it

What is usefulnes utility?

Utility itself means usefulness!! :)

What is the possessive form of the word utility?

The possessive form for the noun utility is utility's.

When the economist says that economic wants are insatiable this means that?

It means that there are limited resources to satisfy the unlimited wants of individuals.

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