Suppose you have a Pleasure Meter that indicates for you the degree of your pleasure or satisfaction from consuming various baskets of apples and bread.The numerical representation of the pleasure or satisfaction is called Utility.  To see it work. click on the blue point of the desired basket

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OK Economics was designed and it is maintained by Oldrich Kyn.
To send me a message, please use one of the following addresses:

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This website contains the following sections:

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http://econc10.bu.edu/Ec341_money/ec341_frame.htm

Past students:

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Czech Republic

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Kyn’s Publications

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 American education

http://econc10.bu.edu/DECAMEDU/Decline/decline.htm

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