total utility

English - Turkish

Definition of total utility in English Turkish dictionary

tüketicinin bir takım ürünleri kullanımı boyunca tam memnuniyet duyması. Örneğin: bir tüketici hafta 4 çukulata yiyorsa, her 4 çukulatanın toplamından duyduğu toplam memnuniyet

(Ticaret) toplam fayda

English - English

Definition of total utility in English English dictionary

(İstatistik) The full satisfaction of a consumer's wants or needs through the consumption of specific goods or services. As an example, the total utility of consuming four chocolate bars in a week would be the total or sum satisfaction achieved in consuming all of those four chocolate bars. Total utility, in other words, is the sum of the marginal utility gained from each chocolate bar consumed

Hyphenation

to·tal u·ti·li·ty

Turkish pronunciation

tōtıl yutîlıti

Pronunciation

/ˈtōtəl yo͞oˈtələtē/ /ˈtoʊtəl juːˈtɪlətiː/