UGC NET
Dolamani kishan Asked a Question
June 30, 2020 12:50 pmpts 30 pts
  • UGC NET
  • Economics

What is preferences and utility

what is preferences and utility ? what is lexiograpic ordering? what is utility function and describes about axioms of revealed preferences
  • 1 Answer(s)
Answer Now
  • 0 Likes
  • 1 Comments
  • Shares
  • Harini Best Answer
    preferences- is the choice made by consumer while consuming 2 or more commodities. preferences for a commodity is made by using relative utility of that product in comparison with ...
    Show more
    Likes(1) Reply(0)
How Eduncle Helps You ?
StudentTutorInstitutionApp
Help
FAQsPayment TermsRefund PolicyAsk Support
Head Office :
MPA 44, 2nd floor, Rangbari main Road Mahaveer Nagar II, Kota (Raj.) - 324005

Branch Office (Jaipur):
Shyam Tower, Plot No. F2, 6th Floor Amrapali Circle,
Vaishali Nagar, Jaipur, Rajasthan 302021

Mail: info@eduncle.com
All Rights Reserved © Eduncle.com