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Question 0

One of the assumptions of ordinal utility in consumer behaviour is that

  • A.consumers are irrational
  • B.marginal utility rises continuously
  • C.utility is measurable
  • D.utility can only be ranked
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2004
Question no.
#0
Type
Objective
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