kasutusväärtuse

Kasutusväärtus, in economics and consumer theory, refers to the utility or satisfaction that a consumer derives from consuming a good or service. It is a subjective measure, meaning that the value of a good or service can vary significantly from one individual to another based on their preferences, needs, and circumstances. For instance, a glass of water may have a high kasutusväärtus for someone who is thirsty but very little for someone who is not.

The concept of kasutusväärtus is fundamental to understanding consumer behavior and market dynamics. Economists use it to explain why people make certain purchasing decisions. Goods and services with higher perceived kasutusväärtus are generally in higher demand, assuming other factors like price remain constant. Marginal kasutusväärtus, a related concept, describes the additional utility gained from consuming one more unit of a good or service. Typically, marginal kasutusväärtus diminishes as consumption increases, a principle known as the law of diminishing marginal utility.

In simpler terms, kasutusväärtus is about how useful or satisfying something is to you personally. It's not necessarily about the monetary value, but rather the benefit or pleasure you get from it. This personal value influences what you choose to buy and how much you are willing to pay for it. Understanding kasutusväärtus helps explain the choices consumers make in a market economy.