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Final Utility is the utility of a good when applied to our least desirable use of it. It is the estimated utility of the last use of a supply, i.e., the least important use of that supply. For example, if a use of a good must be given up, it will logically be the last use of the good we would choose. This is because we give up the least important of our…
Measurement, Example & Overview
Explore the main themes, entities and connections around Final utility. Start with the topic map, then use the sections below for research and deeper semantic analysis.
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good value last use supply price important least utility shortage increase final would unit uses attribute applied first water used
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Final utility | is a | utility of a good when applied to our least desirable use of it | 0.90 | text |
| Final utility | is a | logical conclusion of marginal utility and a cornerstone of price theory | 0.90 | text |
| Final utility | related to Example | If | 0.60 | section |
| Final utility | related to Example | Florida | 0.60 | section |
| Final utility | related to Example | Water | 0.60 | section |
| Final utility | related to Example | With | 0.60 | section |
| Final utility | related to Example | That | 0.60 | section |
| Final utility | related to Example | To | 0.60 | section |
| Final utility | related to Example | Now | 0.60 | section |
| Final utility | related to Example | The | 0.60 | section |
| Final utility | related to Example | When | 0.60 | section |
| Final utility | related to Example | In | 0.60 | section |
These clusters group vocabulary that occurs around closely connected concepts in the source material.
Bridges can reveal useful research angles that are easy to miss in a flat list of related terms.