Question

1. Utility can be measured cordially?​

Answer 1

Explanation:

The utility can be measured cardinally in terms of utils. There was no standard unit of measuring utility which a person derives from consumption of goods and services. So the economists came up with an imaginary measure called util.

Answer 2

Answer:

The utility can be measured cardinally in terms of utils. There was no standard unit of measuring utility which a person derives from consumption of goods and services. So the economists came up with an imaginary measure called util.