Definition of util:
°(economics) a hypothetical unit measuring satisfaction.
"After one ride, Edgar has a total of 11 utils of utility. [...] After two rides, Edgar is now up to 20 utils of satisfaction. [...] A third ride increases Edgar's total utility up to 27 utils of satisfaction." —
Definition of util:
°(economics) a hypothetical unit measuring satisfaction.
"After one ride, Edgar has a total of 11 utils of utility. [...] After two rides, Edgar is now up to 20 utils of satisfaction. [...] A third ride increases Edgar's total utility up to 27 utils of satisfaction." —