Economy, asked by lebeyseby, 3 months ago

difference between ordinal and cardinal utility​

Answers

Answered by tiwarikuldeepnarayan
3

Answer:

hope this will help you better

Explanation:

Cardinal utility believes in measuring the satisfaction level in utils, and Ordinal utility believes that the satisfaction level cannot be evaluated; however, it can be levelled.

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Top 6 Difference Between Cardinal And Ordinal Utility.

Cardinal Utility Ordinal Utility

Other Name

Utility Analysis Indifference Curve Analysis

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