In which analysis can utility be measured in definite numbers such as 1,2,3,4 etc. ? [1]
A. Cardinal Utility Analysis
B. Ordinal Utility Analysis
C. Both (a) and (b)
D. None of these
Answer:A
In which analysis can utility be measured in definite numbers such as 1,2,3,4 etc. ? [1]
A. Cardinal Utility Analysis B. Ordinal Utility Analysis C. Both (a) and (b) D. None of these