Economy, asked by navneetnfz, 5 months ago

utility is a quantative measure of _______​

Answers

Answered by praseethanerthethil8
5

Answer:

Utility is subjective

Utility is a quantitative measure and economists give each choice a number. This is called a "util". However, utils are only useful when compared to one another. ... Utility isn't a quantity, it's more a way of comparing a relationship.

Explanation:

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