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MICROECONOMICS CH : 3 CONSUMER'S EQUILIBRIUM UTILITY ANALYSIS — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 3 CONSUMER'S EQUILIBRIUM UTILITY ANALYSIS1 Mark
Question
What is meant by cardinal measurement of utility?
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Answer

Cardinal measurement of utility refers to the measurement (or expression) of utility in terms of units like 1, 2, and 3.

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