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प्रश्न
In case of cardinal utility approach, utility is measured in ______.
पर्याय
Rupees
Ranks
Utils
None of these
MCQ
रिकाम्या जागा भरा
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उत्तर
In case of cardinal utility approach, utility is measured in Utils.
Explanation:
Cardinal utility analysis assumes utility can be measured numerically in imaginary units called utils. Ranks are used in the ordinal approach.
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