utility and value — ▪ economics Introduction in economics, the determination of the prices of goods and services. The modern industrial economy is characterized by a high degree of interdependence of its parts. The supplier of components or raw materials … Universalium
Utility frequency — The waveform of 230 volt, 50 Hz compared with 110 V, 60 Hz. The utility frequency, (power) line frequency (American English) or mains frequency (British English) is the frequency at which alternating current (ac, also AC) is transmitted from a… … Wikipedia
Utility knife — Boxcutter and box cutter redirect here. For the electronic music artist, see Boxcutter (musician). For season four premiere of Breaking Bad, see Box Cutter (Breaking Bad). A utility knife is a knife used for general or utility purposes.[1] The… … Wikipedia
Utility sound technician — A utility sound technician, or simply utility or cableperson is an assistant to both the production sound mixer and the boom operator on a film set. Although sometimes the utility pulls cable, he or she is more than just a cableperson. The… … Wikipedia
Degree day — A degree day is a measure of heating or cooling. Totalized degree days from an appropriate starting date are used to plan the planting of crops and management of pests and pest control timing. Weekly or monthly degree day figures may also be used … Wikipedia
utility — u|til|i|ty [ju:ˈtılıti] n plural utilities [Date: 1300 1400; : Old French; Origin: utilité, from Latin utilitas, from utilis useful , from uti; USE1] 1.) [C usually plural] a service such as gas or electricity provided for people to use ▪ Does… … Dictionary of contemporary English
total utility — noun : the degree of utility of an article, service, or other economic good considered as a whole compare marginal utility … Useful english dictionary
Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… … Wikipedia
Clinical utility of diagnostic tests — The clinical utility of a diagnostic test is its capacity to rule diagnosis in and/or out and to make a decision possible to adopt or to reject a therapeutic action. It can be integrated into clinical prediction rules for specific diseases or… … Wikipedia
Sport utility vehicle — SUV redirects here. For other uses, see SUV (disambiguation). 1995 1998 Ford Explorer built on a light truck chassis A sport utility vehicle (SUV) is a generic marketing term for a vehicle similar to a station wagon, but built on a light truck… … Wikipedia
marginal utility — Econ. the extra utility or satisfaction derived by a consumer from the consumption of the last unit of a commodity. [1920 25] * * * In economics, the additional satisfaction or benefit (utility) that a consumer derives from buying an additional… … Universalium