Question

Difference between cardinal and ordinal utility approach to consumer behaviour

Answer 1

cardinal measurement of utility refers to the measurement of utility in terms of units like 0,1,2.great economist MARSHALL was in the favour of cardinal measurement of utility.
ordinal measurement of utility refers to the measurement of utility in terms of some ranks like high or low.Great economist HICKS was in the favour of ordinal measurement of utility.

Answer 2

Hey buddy !!!

Here is your answer

=>> cardinal measurement of utility refers to the measurement of utility in terms of units ......great economist Marshall was in the favor of cardinal measurement of utility....

=>>ordinal measurement of utility refers to the measurement of utility in terms of some ranks like high or low.

=>>Great economist Hicks was in the favour of ordinal measurement of utility.

Hope this will help you

Thanqu