Science, asked by shubhamraghav592, 6 months ago

how can Cardinal utility 18 measured in money

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Answered by Leahp1001

Answer:Cardinal Utility is the idea that economic welfare can be directly observable and be given a value. For example, people may be able to express the utility that consumption gives for certain goods. For example, if a Nissan car gives 5,000 units of utility, a BMW car would give 8,000 units.

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