Question

1.
A. Multiple Choice Questions: Choose the Correct Answer
1. In which analysis can utility be measured in definite numbers such as 1, 2, 3, 4, et
(a) Cardinal utility analysis
(b) Ordinal utility analysis
(c) Both (a) and (b)
(d) None of these
2. Ordinal concept of utility expresses utility in terms of:
(a) units
(b) level of satisfaction
of these​

Answer 1

Answer:

I think option 1 is right answer

Answer 2

Answer:

1) (a) Cardinal utility analysis

2) (b) level of satisfaction

Explanation:

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