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Question 0

One of the assumptions of the cardinalist approach is

  • A.diminishing marginal rate of substitution
  • B.the consistency and transitivity of choice
  • C.that total utility depends on the quantity of the commodities consumed
  • D.unstable marginal utility of money
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2013
Question no.
#0
Type
Objective
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