Utility can be measured cardinally. - Vidyadip

Question

Utility can be measured cardinally.

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Answer

No, I do not agree with this statement.

Utility being a psychological concept it cannot be quantified in numbers such as 10, 20, 30 so on.
It is a feeling so can be only be expressed ordinally.
It can be expressed as 1st, 2nd, 3rd and so on, in order of preference or can be graded.
It is intangible.
But Marshall has assumed that utility can be measured in cardinal numbers to explain the law of Diminishing Marginal Utility but different concepts.

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