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Which of the following utility approach suggests that utility is a measurable and quantifiable entity?a)Ordinal approachb)Both cardinal & ordinalc)None of thesed)Cardinal approachCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which of the following utility approach suggests that utility is a measurable and quantifiable entity?a)Ordinal approachb)Both cardinal & ordinalc)None of thesed)Cardinal approachCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following utility approach suggests that utility is a measurable and quantifiable entity?a)Ordinal approachb)Both cardinal & ordinalc)None of thesed)Cardinal approachCorrect answer is option 'D'. Can you explain this answer?.

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