Economy, asked by sau68, 9 months ago

The law of DMU depends upon assumptions state with the reason whether you agree or disagree with the following

Answers

Answered by sunil2013sonkar

Answer:

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Explanation:

Yes, the law of DMU depends on assumptions. Assumptions of DMU: Cardinal measurement of utility: it is assumed that utility can be measured and it can be expressed in numerical terms as 1, 2, 3, etc. Monetary measurement of utility: it is assumed that utility can be measured in monetary terms.

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