â¢ DEMO (noun). The noun DEMO has 1 sense: 1. a visual presentation showing how something works. Familiarity information: DEMO used as a noun is very rare. â¢ DEMO (verb). The verb DEMO has 1 sense: 1. show or demonstrate something to an interested audience. Familiarity information: DEMO used as a verb is very rare.
1 Have independent utility or independent significance, i.e., be usable and be a reasonable expenditure even if no additional transportation improvements in the area are made; and.  Not restrict consideration of alternatives for other reasonably foreseeable transportation improvements.
Utility measures the benefits (or drawbacks) from consuming a good or service or from working, and although utility is not directly measurable, it can be inferred from the decisions that people make. In economics, marginal utility is usually described by a function, such as the exponential utility function. In measuring the utility of a certain good, service, or labor, economics use either expected or indirect utility to express the amount of pleasure from consuming or purchasing an object.