Which one of the following assumptions is not related to consumer...

Home / Management / Managerial Economics / Question

Examveda

Which one of the following assumptions is not related to consumer behaviour based on the cardinal utility approach?

A. Rationality

B. Diminishing marginal utility of money

C. Utility cardinally measurable

D. Maximisation of satisfaction with limited money income

Answer: Option B

This Question Belongs to Management >> Managerial Economics

Related Questions on Managerial Economics

A. Bonus theory

B. Normative theory

C. System theory

D. Accounting theory

View Answer

A. Accounting Theory

B. Pricing Decision, Policies and Practices

C. Capital Management

D. Profit Management

View Answer

A. 1, 2 and 3

B. 2, 3 and 4

C. 1, 2 and 4

D. 1, 3 and 4

View Answer

A. Profit management

B. Accounting theory

C. Pricing policies

D. Production analysis

View Answer