Which one of the following is not the basic assumption of Cardinal Utility analysis?
A. Rationality of Consumer.
B. Utility cardinally measurable.
C. Diminishing marginal utility of money.
D. Hypothesis of independent utilities.
Answer:C
Which one of the following is not the basic assumption of Cardinal Utility analysis?
A. Rationality of Consumer. B. Utility cardinally measurable. C. Diminishing marginal utility of money. D. Hypothesis of independent utilities.