- Good Utility Practice
- Methods and practices that are approved by a significant portion of the industry.
Energy terms . 2014.
Energy terms . 2014.
practice# — practice vb Practice, exercise, drill are comparable when they mean, as verbs, to perform or cause one to perform an act or series of acts repeatedly and, as nouns, such repeated activity or exertion. Practice fundamentally implies doing,… … New Dictionary of Synonyms
Good and evil — In religion, ethics, and philosophy, the phrase, good and evil refers to the location of objects, desires, and behaviors on a two way spectrum, with one direction being morally positive ( good ), and the other morally negative ( evil ). Good is a … Wikipedia
Utility frequency — The waveform of 230 volt, 50 Hz compared with 110 V, 60 Hz. The utility frequency, (power) line frequency (American English) or mains frequency (British English) is the frequency at which alternating current (ac, also AC) is transmitted from a… … Wikipedia
Utility cycling — Cycling in Amsterdam Utility cyclists in … Wikipedia
Utility maximization problem — In microeconomics, the utility maximization problem is the problem consumers face: how should I spend my money in order to maximize my utility? Basic setupSuppose their consumption set, or the enumeration of all possible consumption bundles that… … Wikipedia
Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… … Wikipedia
Cardinal utility — In economics, cardinal utility is a theory of utility under which the utility (roughly, satisfaction) gained from a particular good or service can be measured and that the magnitude of the measurement is meaningful. Under cardinal utility theory … Wikipedia
Northwest Austin Municipal Utility District No. 1 v. Holder — Supreme Court of the United States Argued April … Wikipedia
Public good — For the egalitarian terms, see Common good and Public interest. In economics, a public good is a good that is nonrival and non excludable. Non rivalry means that consumption of the good by one individual does not reduce availability of the good… … Wikipedia
Merit good — The concept of a merit good introduced in economics by Richard Musgrave (1957, 1959) is a commodity which is judged that an individual or society should have on the basis of some concept of need, rather than ability and willingness to pay. The… … Wikipedia