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emyleepatton emyleepatton
wrote...
Posts: 487
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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Posts: 391
5 years ago
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emyleepatton Author
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5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

Yesterday
Helped a lot
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2 hours ago
Good timing, thanks!
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