ALLABCDEFGHIJKLMNOPQRSTUVWXYZ« Back to Glossary Index(1) The quality of a property or service that enables it to satisfy human wants. (2) The satisfaction obtained from the goods and services that a consumer consumes.Related Articles:Glossary: Cost ApproachGlossary: Economic (External) ObsolescenceGlossary: Effective AgeGlossary: Hedonic RegressionGlossary: Principle of Substitution« Back to Glossary Index
