Economics > 2004 > 18

JAMB UTME

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

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

Answer: A

To see detailed solution to this question and thousands of other questions offline, download TestDriller UTME. Practice rigorously for UTME, enjoy educational games, summary of JAMB literature books, compete with your peers, win prizes and more.

Similar Questions

Practice with the best CBT software

Learn with innovative tools and excel in your forth-coming exam