In economics, utility is a measure of the satisfaction that a certain person has from a certain state of the world. Over time, the term has been used in at least two different meanings.

In a normative context, utility refers to a goal or objective that we wish to maximize, i.e. an objective function. This kind of utility bears a closer resemblance to the original utilitarian concept, developed by moral philosophers such as Jeremy Bentham and John Stuart Mill.
In a descriptive context, the term refers to an apparent objective function; such a function is revealed by a person's behavior, and especially by their preferences over lotteries.

Also see "Utility" on Wikipedia

More matches for usefulness

noun

usefulness thereof	அதன் பயன்
usefulness increased	பயன்பாடு அதிகரிக்கும்
usefulness extended	பயன் நீட்டிப்பு
usefulness ends	பயன் நிறைவு
usefulness ended	பயன் முடிந்தது
usefulness limited	பயனுடைய வரம்பு
usefulness enlarged	அதிகரிக்கும் பயன்

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u us use usef usefu useful usefuln usefulne usefulnes

What is usefulness meaning in Tamil?

The word or phrase usefulness refers to the quality of being of practical use. See usefulness meaning in Tamil, usefulness definition, translation and meaning of usefulness in Tamil. Find usefulness similar words, usefulness synonyms. Also learn usefulness opposite words, usefulness antonyms. Learn and practice the pronunciation of usefulness. Find the answer of what is the meaning of usefulness in Tamil.

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