Ordinal utility analysis Was developed by

Related MCQs

• Ordinal utility analysis is otherwise known as
• Cardinal utility analysis to consumer equilibrium was developed by
• When Total utility is increasing at an decreasing rate, marginal utility is
• When Total Utility is maximum, Marginal Utility is :
• When Marginal Utility is negative, Total Utility:
• Marshalian cardinal utility analysis assumes
• Total utility is maximum when
• Which of the following statement is FALSE with regard to marginal utility
• Which of the following statement is TRUE with regard to total utility
• According to Marshall, The law of diminishing marginal utility