Which of the following is not the assumption of Marshall’s Utility Analysis?

(a) Rationality
(b) Ordinal Utility
(c) Constant Marginal utility of Money
(d) Diminishing Marginal utility

Anurag Mishra Professor Asked on 26th May 2016 in Economics.
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  • 1 Answer(s)

    Answer: (b) Ordinal Utility 

    Anurag Mishra Professor Answered on 29th May 2016.
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