Ask a Question
  
  
  
Top Posters
Since Sunday
24
24
23
23
23
22
21
21
21
20
20
20
New Topic  
wrote...
Posts: 76
5 days ago

We do not need to actually measure the level of satisfaction derived by a consumer from the consumption of goods. We only need a ranking among the alternative consumption bundles. Thus utility is a(n) ________ concept.



• Cardinal

• Ordinal

• Mathematical

• None of these
Source  Download
Introduction to Agricultural Economics
Edition: 7th
Authors:
Read 3 times
1 Reply
Replies
Answer verified by a subject expert
wrote...
Posts: 59
Rep: 5 0
5 days ago
Sign in or Sign up in seconds to unlock everything.
Ordinal
1
Related Topics
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  127 People Browsing
Related Images
 8521
 148
 112