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- Which of the following is not
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Card 10 / 15: Which of the following is not an assumption of ordinal utility analysis?
A)
Consumers are consistent in their preference
B)
Consumers can measure the total utility received from any given basket of good.
C)
Consumers are non-satiated with respect to the goods they confront.
D)
All are necessary
Answer:
B) Consumers can measure the total utility received from any given basket of good.
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