Question

Ordinal concept of utility expresses utility in terms of ___________. *

A)units
b)level of satisfaction
c)constants
d)none of the above​

plz tell me correct answer only don't confused me plz guys..........​

Answer 1

Answer:

level of satisfaction

Explanation:

In ordinal concept of utility, utility is ranked in the order of preference of the consumer. Utility cannot be measured in cardinal numbers in ordinal utility theory. Ordinality means that utility can be ranked.

Answer 2

Answer:

option b isn't

Explanation:

this is thecorrect answer