Question

which of the following is not correct in the context of
Marshallian Utility analysis?
A. Utility is measurable
B. Marginal Utility of an additional unit fall as more
of good is consumed
C utility is cordinal in nature
D. marginal Utility of money varies with the annount
of money with the consumer​

Answer 1

Answer:

option d is the correct answer

Answer 2

(D) Marginal Utility of money varies with the amount of money with the consumer​

Explanation:

Marshallian Utility analysis is measurable, where Marginal Utility (MU) of an additional unit falls as more of good is consumed.

The cardinal assumes that utility is cardinal, that is, that it can be expressed as a cardinal number in absolute terms.

Efficacy is a tested concept, as indicated by the numbers 1, 2, 3, and so on.