In economics, the utility function measures the welfare or satisfaction of a consumer as a function of the consumption of real goods, such as food or clothing. Utility function is widely used in ...

Marginal utility helps set product pricing; high initial satisfaction decreases with more units. Some stores use bulk pricing when consumers value additional items less. Progressive taxes assume each ...

As the cost of electricity outpaces inflation, consumer advocates are sounding alarms about the risks to low-income people who can't afford consistent air conditioning in deadly heat.

A Bloomington-based water utility plans to raise monthly bills by nearly 30%. Here’s what you need to know and how you can provide feedback. What’s the utility that wants to hike rates? The utility is ...