Post Utme Skyline University 2022 Economics Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2022 Economics Objective / Multiple Choice
Question 18 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ECONOMICS • objective

The concept of utility is central to consumer behavior. What are the different types of utility?

Answer Options

Correct Answer A. Cardinal utility, ordinal utility, and total utility
B. Marginal utility, average utility, and total utility
C. Direct utility, indirect utility, and derived utility
D. Subjective utility, objective utility, and perceived utility
Correct Answer
A
Correct Option:
Cardinal utility, ordinal utility, and total utility

About This Question

This is Post Utme Skyline University 2022 Economics Question 18. It is one of the objective questions from the 2022 Post Utme Skyline University Economics examination.

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