One of these is not an assumption of the cardinalist theo...
One of these is not an assumption of the cardinalist theory of utility?
The consumer is rational
Diminishing marginal utility
The concept of money utility
Consistency and transivity of choice
Correct answer is D
No explanation has been provided for this answer.
The system whereby goods are exchanged for goods is known as ...
Farmers' income may fall if they produce more cash crops for export because ...
A downward sloping demand curve means that? ...
The cost which firm will incur whether it is in production or not, is referred to as ...
The most liquid asset among the following is ...
Which of the following is not a visible item in international trade payments? ...
The upward slope of the supply curve indicates that ...