Though utility gas and electricity rates have stayed somewhat stable, that may be about to change due to high tariffs, since the U.S. does import oil, gas and even electricity from Canada and Mexico.

Lately, utility costs have been relatively stable, compared to the last several years when inflation was running amok. According to the most recent numbers from the Consumer Price Index, energy costs ...

Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.