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    5. Consumer behavior can be explained with which of the following? I. Cardinal utility analysis II. Ord

    Question

    Consumer behavior can be explained with which of the

    following? I. Cardinal utility analysis II. Ordinal utility analysis
    A Only II Correct Answer Incorrect Answer
    B Both I and II Correct Answer Incorrect Answer
    C Only I Correct Answer Incorrect Answer
    D Neither I nor II Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next
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    Relevant for Exams:

    • SEBI Grade A

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