what are the advantanges and disadvantages og cardina approach in economics
Answers
Answered by
1
The limitation of cardinal utility analysis is the difficulty in assigning numerical value to a concept of utility. Utility is comparable on a scale, but not easily quantifiable. In other words, the utility of a good or service cannot simply be measured in numbers in order to determine its economic value
《HOPE IT'S HELP YOU ...》
《 THANKYOU 》♤♤♤
Similar questions