Question

8. To measure and compare the utilities of two commodities is
a. Shape utility
b. Product utility
c. Cardinal utility
d. Ordinal utility
a.
9. According to the concept of ordinal utility, the utility cannot be measured; it can only
be
Stored
b. Compared
c. Supplied
d. Relocated
a.
The amount of utility derived from the consumption of all the units of a commodity at
the disposal of the consumer is known as
Consumer utility
b. Total utility
Cardinal utility
d. Ordinal utility
c.​

Answer 1

Answer:

8. To measure and compare the utilities of two commodities is

a. Shape utility

b. Product utility

c. Cardinal utility

d. Ordinal utility

a.

9. According to the concept of ordinal utility, the utility cannot be measured; it can only

be

Stored

b. Compared

c. Supplied

d. Relocated

a.

The amount of utility derived from the consumption of all the units of a commodity at

the disposal of the consumer is known as

Consumer utility

b. Total utility

Cardinal utility

d. Ordinal utility

c.