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Comparison Of Interpersonal Utility Is Impossible Because? - Erudites Academy

Comparison of interpersonal utility is impossible because?

A. utility is measured in utils
B. marginal utility is not observable
C. utility is subjectively determined
D. individual income differ

Correct Answer:

Option A – utility is measured in utils

Explanation

The comparison of interpersonal utility is impossible because there is no measurable utility that individual derived from some good.

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Tags: economics

4 years ago