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Other Fields Homework Help Economics Topic started by: ice5192 on Dec 10, 2017



Title: A utility function (Multiple Choice Question)
Post by: ice5192 on Dec 10, 2017
A utility function
A) needs to measure the absolute level of happiness.
B) needs to measure relative amounts of happiness for a single individual.
C) helps compare the relative happiness of two separate consumers.
D) is most useful if it can be influenced by others.
E) measures relative happiness and income of consumers.


Title: Re: A utility function (Multiple Choice Question)
Post by: Blade73 on Dec 10, 2017
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Title: Re: A utility function (Multiple Choice Question)
Post by: ice5192 on May 21, 2018
Yes, correct