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What is the correct answer?

4

Ordinal approach includes arranging:

A. The different combinations of X and Y in any way the consumer wants

B. The different combinations of X and Y higher and lower and measuring the difference of utility between them

C. The different combinations of X and Y higher and lower and not measuring the difference of utility between them

D. None of above

Correct Answer :

C. The different combinations of X and Y higher and lower and not measuring the difference of utility between them


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