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emyleepatton emyleepatton
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5 years 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
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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rinderbikrinderbik
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emyleepatton Author
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This calls for a celebration Person Raising Both Hands in Celebration
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