Which of the following is not an assumption of ordinal utility-09046
Which of the following is not an assumption of ordinal utility analysis?
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Mid Term - Quiz No.10.
Which of the following is not an assumption of ordinal utility analysis?
Consumers are consistent in their preference.
Consumers can measure the total utility received from any given basket of good .
Consumers are non-satiated with respect to the goods they confront.
All are necessary.